Fed Cut Rate 2024. By the end of 2024 that spread actually widens to 2%, as the interest rate declines but the rate of inflation falls more sharply. The federal reserve said wednesday it would pause its aggressive rate hike campaign one more time, and signaled rate cuts are ahead in 2024.
The federal reserve left interest rates unchanged on wednesday and signaled one cut in 2024, with more to come in 2025. Most policymakers now project the fed funds rate will hover between 5 per cent to 5.25 per cent by the end of 2024, up from 4.6 per cent in june.