Fed Interest Rates 2024 Forecasts. Market participants widely expect the fed will start cutting the fed funds rate in september, and they'll be looking for the central bank to provide signals this week. The federal reserve open market committee is expected to cut interest rates in 2024, perhaps starting in september as inflation cools.

“dot plot” of federal open market committee. Fed officials’ latest signal on interest rates also came alongside the central bank’s new forecasts for growth, which show the us economy expanding by 2.1 per.