Fed Interest Rates 2024 Forecast . What is the likelihood that the fed will change the federal target rate at upcoming fomc meetings, according to interest rate traders? The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate target level for the federal funds rate at the end of the specified calendar year or over the longer run.
That means the fed itself expects to cut interest. In making its monetary policy decisions, the fomc considers a wealth of economic data, such as:
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