Fed Rate Chart 2024. In depth view into effective federal funds rate including historical data from 1954 to 2024, charts and stats. At the median fed expectation for three rate cuts in 2024 (march 25, 2024).
The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half. As expected, the fed decided to keep its policy rate steady for the third consecutive meeting, while clearly signaling that rate cuts are on the horizon for 2024.