Fed Interest Rates In 2024. The cme’s fedwatch tool forecasts that the federal funds. The benchmark interest rate in the.

 — market participants widely expect the fed will start cutting the fed funds rate in september, and they’ll be looking for the central bank to provide signals this week.  — federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone.