Fed Interest Rates 2024 Forecast July. The high fed funds rate has helped push interest rates on mortgages, credit cards, and other loans up, with many rates at or near their highest in decades. Yet two rate cuts are viewed as most likely, according to this implicit.


Fed Interest Rates 2024 Forecast July

The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at federal reserve banks) with each other overnight. The first interest rate cut may come in september and up to three cuts are possible in 2024.

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