Us Fed Rate Cut 2024 News. On wednesday, it reduced that forecast for interest rates to come down to 4.4% by the end of 2024 and 3.4% at the end of 2025. A chart of the federal funds target rate.

Heading into tuesday’s presidential vote, the fed would have been justified in celebrating the. The federal reserve on wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease.