105 The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says (www.businessinsider.com) posted 1 year ago by GDZeus 1 year ago by GDZeus +106 / -1 The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says The forecasted interest rate cuts would bring the effective Federal Funds rate to about 3.83% at the end of 2024. 30 comments share 30 comments share save hide report block hide replies
So, down from 5.5% (Fed rate) to 4.25%? That's still much higher than when Trump was in charge.