Probability Of Fed Rate Cut In March 2024 Forecast. The new batch of quarterly projections shows that fed committee members expect to cut their key policy rate to 4.6% by the end of 2024, down from the current range of. The march decision marks the fifth consecutive meeting at which the federal reserve (fed) has opted to hold interest rates steady.

Heading into tuesday’s presidential vote, the fed would have been justified in celebrating the. Federal reserve officials left interest rates unchanged in their final policy decision of 2023 and forecast that they will cut borrowing costs three times in the coming year, a sign.