Fed Rates 2024 Vs 2024 Forecast. Savers have used cds to wring a little more yield from their cash. As expected, the federal open market committee (fomc) decided to keep the target range for the federal funds rate at 5.25 to 5.50 percent for the fifth consecutive.
Each shaded circle indicates the value (rounded to the nearest 1/8 percentage point) of an individual participant’s judgment of the midpoint of the. The federal reserve left interest rates unchanged on wednesday and signaled one cut in 2024, with more to come in 2025.
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