Fed Rate Cut 2024 Predictions November 2024 Vakantie. The federal reserve approved its second consecutive interest rate cut thursday. Markets expect the federal open market committee to cut interest rates again by 0.25% on november 7 with a larger cut currently viewed as unlikely.

Fed chair jerome powell himself. Meanwhile, interest rate futures signal a 48% chance that the fed will cut interest rates to the 4.75% to 5% range in november, and a 45% chance that rates will come down to the 4.25% to 4.5% at the december meeting,.