Fed Rate Cuts 2024 Predictions. Markets are currently pricing in between three and four quarter point cuts this year from the current range of 5.25 to 5.5 per cent, the. This visualization from our 2024 global forecast series uses data from the federal reserve to chart past interest rate cut cycles and visualizes forecasts by top banks and institutions on when they expect the first rate cut of 2024 and the number of cuts they expect by end of year.
Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024. Food costs set to rise amid growing inflationary pressures.
