Fed Interest Rates 2024 Forecast Pdf. The central bank has voted to drop the federal funds rate for the first time in more than four years, reducing the target rate by 50 basis points โ from the 5.25% to. The decline in mortgage rates over the last few months is expected to spur housing construction, and the committee expects quarterly housing starts to increase.
Back in 2020, to combat the economic. The central bank has voted to drop the federal funds rate for the first time in more than four years, reducing the target rate by 50 basis points โ from the 5.25% to.