Fed Lower Interest Rates 2024 Predictions. Meanwhile, interest rate futures signal a 48% chance that the fed will cut interest rates to the 4.75% to 5% range in november, and a 45% chance that rates will come down to. Economists have pushed back their expectations of when the federal reserve will cut interest rates and have raised their forecasts for inflation and the strength of the job.

Despite predictions that interest rates would fall in 2024, the federal open market committee has not cut them. Fed officials lowered interest rates because they are confident that inflation is coming back down to their 2 percent goal, and now they want to prevent the job market from.