Fed Rates Forecast 2024

Fed Rates Forecast 2024. Median forecast for pce inflation, the fed's preferred gauge, is unchanged at 2.4% for 2024 while core pce projection rises 0.2 percentage point to 2.6%;. The federal reserve will lower interest rates by 25 basis points at each of the u.s.

It is then seen as. Economists have revised their forecasts following tuesday’s sticky inflation report, with many of them now projecting the fed’s first cut will come later in 2024 than.