Fed Rates 2024 Predictions. Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024. Federal reserve officials left interest rates unchanged at their july meeting, but the head of the central bank made it clear that recent progress in lowering inflation.
Market participants widely expect the fed will start cutting the fed funds rate in september, and they’ll be looking for the central bank to provide signals this week. Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled.