Fed Rate Cuts 2025 Forecast. 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. Federal reserve officials made their third and final rate cut of 2024 at their meeting on wednesday.
As a result, the fed, led by chair jerome powell, is expected wednesday to signal a shift to a more gradual approach to rate cuts in 2025. The federal reserve on wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation.
