Fed Rate Cut Projections 2024. The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate target. The rate is currently set in a range.
Economists at both morgan stanley and jpmorgan see the fed’s path similarly to house and wells fargo, which would leave the fed funds rate in a range of 3.5% to 3.75% at. Will the fed cut interest rates again before the year is over?