Fed Rate Cuts 2024 Predictions Usa. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in june, when they last released. The fed is feeling “growing confidence” that it can pull off the soft economic landing by lowering interest rates.

The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that. After this meeting, traders see.