When Will The Fed Lower Interest Rates 2024 Predictions. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in june, when they. Meanwhile, interest rate futures signal a 48% chance that the fed will cut interest rates to the 4.75% to 5% range in november, and a 45% chance that rates will come down to.

After this meeting, traders see a 48% chance that rates stand at 4.5% to 4.75%. With the benchmark federal funds rate standing at 4.75% to 5% post the cut, there remains room for the central bank to lower interest rates further.