Fed Interest Rate Cuts 2024 Predictions. After this meeting, traders see a. Since the federal reserve has neared its goal of 2% inflation (it was 2.6% in june 2024), it may continue lowering interest rates to encourage.

 — the federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their war against inflation. What’s making them feel confident about moving in that direction?