Fed Rate Cut 2024 Predictions November. After this meeting, traders see a 48% chance that rates stand at 4.5% to 4.75%. Central bank's three remaining policy meetings in 2024, according to a majority.
Meanwhile, interest rate futures signal a 48% chance that the fed will cut interest rates to the 4.75% to 5% range in november, and a 45% chance that rates will. There could be one or two more cuts in 2026, with the federal funds rate expected to settle somewhere between 2.88% and 3.12%.