Anticipated Fed Rate Cuts 2024 Lok. With both the jobs picture and inflation softening, the central bank’s federal open market committee chose to lower its key overnight borrowing rate by a half percentage point,. Graph and download economic data for fomc summary of economic projections for the fed funds rate, median (fedtarmd) from 2024 to 2027 about projection, federal,.

Federal reserve bank of new york president john williams said officials will likely need to lower rates further to move policy to a neutral stance now that risks to inflation and employment have. 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.