Fed Interest Rate Cut 2024 Prediction. Looking further ahead, the fed’s “dot plot” forecasts four more 25 bp cuts (totaling 100 bp) in 2025. The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020.
Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled by reuters, with half saying there will be only two cuts this. Slow and shallow rate cuts would be more consistent with the economic “soft landing” that fed officials are trying to achieve than steep cuts that might benefit.