Expected Fed Rate Cuts 2024 Predictions. Meanwhile, interest rate futures signal a 48% chance that the fed will cut interest rates to the 4.75% to 5% range in november, and a 45% chance that rates will. The federal reserve cut interest rates on wednesday by half a percentage point.

We expect inflation in 2025 and 2026 to come in below the fed’s 2% target. Federal reserve officials left interest rates unchanged in their final policy decision of 2023 and forecast that they will cut borrowing costs three times in the coming.