Expected Fed Rate Cuts 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 the 4.25% to 4.5% at the december meeting,. Richmond fed president tom barkin said friday that he expects inflation will continue to drop into next year โ stickier inflation data aside โ and hinted at slowing down.
Other experts predict that cuts won’t start until late 2024. How low will rates go in 2024?