Us Fed Rate Cuts 2024. A combination of strong data and donald trump’s return to the. Nine fed officials now think that the federal funds target rate should be around 4.6 percent by the end of the year and a majority of them think it.

The ‘dot plot’ signals rate cuts this year. At the september 2024 federal open market committee (fomc) meeting, the federal reserve (fed) lowered interest rates by 50 basis points, easing monetary policy for the first time in four years due to progress on the fed’s dual.