Expected Fed Rate Cuts 2024 Predictions. With october’s inflation reading coming in line with expectations, the stage seems set for a final rate cut in december, bringing the fed funds rate to the central bank’s target of. According to the summary of economic projections , we could see another 0.25% cut during the fed's final policy meeting.
The interest rate cut of 0.25% was expected, and it is likely to be. This week, economists at companies including goldman sachs, ubs and bank of america revised their predictions after the cpi print: