Feds Lowering Interest Rates 2024. The cme’s fedwatch tool forecasts that the federal funds rate will most likely end. Much of the outlook will hinge on key data releases this week, including a reading of.

The federal reserve open market committee is expected to cut interest rates at least once during its four remaining meetings of 2024. The federal reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates continued to stall.