Fed Interest Rates 2024 Predictions In India. Rate cuts lower the opportunity cost of owning. Federal reserve chair jerome powell has suggested that the inflation surge over the past three years has been nearly defeated, thanks to high interest rates that managed this without triggering a recession or high unemployment.

The median projection among fed members as to where interest rates will be at the end of 2024 fell to 4.6% on wednesday from 5.1% in september. That means the fed itself expects to cut interest.