Us Fed Rate Cut 2024 Prediction. And the unemployment rate was actually lower in september 1999 compared to september 1998. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on.

The fed is expected to cut interest rates again thursday. Fed officials also penciled in more rate cuts by year’s end in their latest economic forecasts, compared to the single cut in 2024 that they projected in june.