Expected Fed Rate Cuts 2024 Dates. How low will rates go in 2024? The federal reserve left interest rates unchanged wednesday but adjusted its projections to include three cuts to interest rates next year from the current 5.25% to 5.5% range.
Morgan research expects the fed to cut rates by another 25 bp in december, with further cuts only taking place once per quarter in 2025. Federal reserve will likely start interest rate cuts in september.