Interest Rate Predictions 2024 Usajobs. Fed chief says timing, pace of rate cuts depends on data central bank expected to cut rates at september meeting how big a rate cut is now the key question for fed jackson. See the predictions and find out when it’s wise to lock in your mortgage rate with a lender.
Will the fed finally cut interest rates before the year is over? As of may 2024, the federal reserve’s benchmark federal funds rate has been 5.25% to 5.50% for six consecutive months.