{"id":36064,"date":"2023-11-21T02:08:23","date_gmt":"2023-11-21T02:08:23","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/heres-the-feds-2024-meeting-schedule-and-interest-rate-outlook\/"},"modified":"2023-11-21T02:08:24","modified_gmt":"2023-11-21T02:08:24","slug":"heres-the-feds-2024-meeting-schedule-and-interest-rate-outlook","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=36064","title":{"rendered":"Here\u2019s The Fed\u2019s 2024 Meeting Schedule And Interest Rate Outlook"},"content":{"rendered":"
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The Federal Reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half. Today, the Fed Funds target rate is 5.25% to 5.5%. Markets expect that to fall by approximately 1% by the end of 2024 \u2014 as assessed by the CME FedWatch Tool, which measures the implied expectations of the debt markets. The current range of outcomes for rates suggests a likely figure between 4% and 5% for short-term rates by December 2024.<\/p>\n

The Fed\u2019s own more recent projections from September 20 are more hawkish than the market\u2019s view. They suggest rates may not decline quite as much and fall to the 4.% to 5.5% range by December 2024.<\/p>\n

However, Fed policymakers will update those projections at their next interest rate decision on December 1 when rates are expected to be held steady. Up to now, Fed officials have also argued that rates could increase again from here. That scenario is now being described more as a potential outcome under certain economic conditions than the base case for interest rates.<\/p>\n

The Fed Meeting Calendar For 2024<\/h2>\n

During 2024 the Fed has the typical schedule of eight meetings to determine interest rates. Of course, the Fed can adjust monetary policy whenever it chooses. That could happen if 2024 sees unusual economic events. The Fed will announce decisions on interest rates following its two-day meetings ending on:<\/p>\n

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