Fed Rate Cuts 2024 Predictions 2024 Dates. Gdp for 2024 was lowered slightly to 1.4% from 1.5%, while the unemployment rate is seen rising to 4.1% in 2024 from its present 3.7% rate and continuing at that level in 2025 and 2026. Federal reserve will likely start interest rate cuts in september.

The fed cut the federal funds rate on november 7 by 0.25%, targeting a range between 4.5% and 4.75%. 7, according to all 111 economists in a reuters poll, with more than a 90% majority predicting.