Fed Rate Cuts 2024 Predictions Reddit Today. The federal reserve on thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. Traders after the jobs data put the probability of a rate cut at the fed's dec.

Central bank’s summary of economic projections released this. The federal open market committee is most likely to cut interest rates again on december 18 to 4.25% to 4.5%, according to fixed income markets.