Fed Interest Rates 2024 Predictions Ny

Fed Interest Rates 2024 Predictions Ny. Americans are still dealing with some of the highest loan rates in years. So far, the fomc has taken a relatively cautious approach to any interest rate cuts.

Their projections for interest rates in 2023 will be in focus. Expectations of a rate cut in september — the fed’s last meeting before november’s presidential election — fell to about 64 per cent, from above 80 per cent.