Fed Rate Cut Chances In 2024 In Usa. Markets that predict movements in the federal funds rate think a march cut is a close call, reckoning there’s about a 46% chance. There are now 93.3% odds that the fed’s target range for the federal funds rate, its key rate, will be lowered by a quarter percentage point to 5% to 5.25% in september from the.

There are now 93.3% odds that the fed’s target range for the federal funds rate, its key rate, will be lowered by a quarter percentage point to 5% to 5.25% in september from the. Slow and shallow rate cuts would be more consistent with the economic “soft landing” that fed officials are trying to achieve than steep cuts that might benefit equity.