Fed Interest Rates 2024 Forecast June. The federal reserve announced at its june 2024 federal open market committee (fomc) meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%. Personal consumption expenditure (pce) inflation, the fed's preferred gauge, is forecast to average around 2% in the second half of 2024, according to the.

Besides forecasting a dip in the federal funds rate to a range of 4.5% to 4.75% by year’s end, fed policymakers. Graph and download economic data for fomc summary of economic projections for the fed funds rate, median (fedtarmd) from 2024 to 2026 about projection, federal, median, rate, and usa.