Fed Interest Rates 2024 Chart

Fed Interest Rates 2024 Chart. A minimum and a maximum of fed rate for each month in the table. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.

The latest median projection for the upper limit of the appropriate target rate range at the end of 2024 is 5.25, up from 4.75 in march and back to where it was in. Rates have been steady at this level for a year, since july 2023.