How Many Fed Rate Cuts In 2024 Today. Besides forecasting a dip in the federal funds rate to a range of 4.5% to 4.75% by year’s end, fed policymakers penciled in the equivalent of four more quarter. The fed is finally cutting rates, but banks aren’t in the clear just yet.

Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in june,. Fed holds rates steady and projects three cuts this year.