Projected Rate Cuts In 2024. Graph and download economic data for fomc summary of economic projections for the fed funds rate, median (fedtarmd) from 2024 to 2026 about projection, federal, median, rate, and usa. We expect that to fall further, eventually hitting about 2.4% by march 2024, which is when we expect them to start cutting, actually.
Boc cuts key interest rate by 25 basis points to 4.5%. The latest inflation data was a setback for hopes of an interest rate cut at the federal reserve’s june meeting.