Expected Fed Rate Cuts 2024 Pdf. Meanwhile, interest rate futures signal a 52% chance that the fed will cut interest rates to the 4.5% to 4.75% range in november, and a 45% chance that rates will come down to the 4.25% to 4.5% at the december meeting, according to cme group’s tool. Economists see the personal consumption expenditures price indexexcluding food and energy — the fed’s preferred measure of underlying inflation — rising 0.2% in july for a second month.
Several federal reserveofficials acknowledged there was a plausible case for cutting interest rates at their july. Economists see the personal consumption expenditures price indexexcluding food and energy — the fed’s preferred measure of underlying inflation — rising 0.2% in july for a second month.
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