Us Fed Rate Cut 2024 Dates. After raising its key interest rate for nearly two years to tamp down growth and rising prices, economists expected the fed to cut the rate to bring it more in line. Besides forecasting a dip in the federal funds rate to a range of 4.5% to 4.75% by year’s end, fed policymakers.
The federal reserve said wednesday it was lowering its key interest rate by half a. Central bank’s three remaining policy meetings in 2024, according to a majority.