Fed Rate Cut In 2024. Economy, which grew an annualized 2.8% last quarter, will expand 2.1% next year and 2% in 2026, poll medians showed, faster than what fed officials currently see as. How low will rates go in 2024?

The federal reserve on thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. How low will rates go in 2024?