Fed Rate Cuts 2024 Predictions Prediction Pdf. Mortgage interest rates in 2024. Fixed income markets as assessed by the cme’s fedwatch tool are currently looking a federal funds rate reduction of 0.75% to 1.5% by december 2024.
The financial markets overwhelmingly expect that the fed will cut interest rates for the first time since march 16, 2020, during the onset of covid. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.