Fed Rates Forecast 2024. The producer price index for final demand. The federal reserve (fed) announced at its january 2024 meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%.
The federal reserve open market committee is expected to cut interest rates in 2024, perhaps starting in september as inflation cools. August 12, 2024 / 10:41 am edt / cbs news.