Fed Rate Cuts 2024 Predictions 2024 Lok. In addition, the fed’s terminal rate is now forecast to be 3.5% instead of 3.0%. The federal reserve left rates unchanged for the seventh consecutive meeting and now envisions only one rate cut in 2024.
In addition, the fed’s terminal rate is now forecast to be 3.5% instead of 3.0%. The first interest rate cut may come in september and up to three cuts are possible in 2024.