Fed Interest Rate Cut 2024 Forecast. The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate target. Graph and download economic data for fomc summary of economic projections for the fed funds rate, median (fedtarmd) from 2024 to 2027 about projection, federal, median, rate, and usa.

The federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their. Economists have revised their forecasts following tuesday’s sticky inflation report, with many of them now projecting the fed’s first cut will come later in 2024 than they had earlier.