Fed Rate Cut 2024 Predictions November 2024. At the september 2024 federal open market committee (fomc) meeting, the federal reserve (fed) lowered interest rates by 50 basis points, easing monetary policy for the first time in four. Here’s what they had to say.

At the september 2024 federal open market committee (fomc) meeting, the federal reserve (fed) lowered interest rates by 50 basis points, easing monetary policy for the first time in four. View the median projections for the federal funds rate by the federal open market committee (fomc) based on their assessment of appropriate monetary policy.