Fed Rate 2024 Prediction. Yet two rate cuts are viewed as most likely, according to this implicit forecast of fixed income. Fed interest rate cuts could begin in early 2024, according to some experts.

What is the likelihood that the fed will change the federal target rate at upcoming fomc meetings, according to interest rate traders? Financial markets are pricing in a 97% chance the federal reserve will cut the fed funds rate by a quarter percentage point to a range of 4.25% to 4.5% according to the cme.