2024 Interest Rates Predictions. We are in a high interest rate environment, and we’re going to be in a high interest rate environment a year from now. The fomc is scheduled to meet eight times in 2024 and expected to ultimately cut interest rates — but in a measured way and with action weighted toward.
For instance, a year after the fed cut rates in july 1995, the unemployment rate was unchanged at 5.5%. Fed chair jerome powell prepares to deliver remarks at a conference on nov.