Fed Rate Cut Schedule 2024 Dates

Fed Rate Cut Schedule 2024 Dates. The july 2024 cpi report will likely increase the fed’s confidence that. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on wednesday.

The fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23. Read more about the implications of the fed’s latest decision.