Fed Rate Cut Expectations 2024 March. The fed has projected it will cut rates by 75 basis points this year. That suggests the fed will cut rates by 0.25%.
Expectations on overall economic growth were unchanged, but fomc committee members increased their inflation forecast for 2024 and 2025 and reduced. The key moment came at the fed’s december meeting, as it released projections showing officials expected its benchmark federal funds rate — currently at a.
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