Fed Interest Rates 2024 Forecast November. He pointed out that the atlanta fed's gdpnow forecast shows growth in the fourth quarter accelerating at a 3.3% annual rate, well above the roughly 2% growth rate considered. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.
Federal reserve officials cut interest rates on thursday, their second reduction of 2024 and the latest sign that policymakers believe that inflation is finally coming under control. This may start with a cut on september 18, perhaps followed by one or two more at.