Fed Funds Rate Dot Plot 2024. August 21, 2024 at 3:25 pm edt. Each graph includes a plot for the expected fed funds rate at the end of the next few years (including the current one) as well as a “longer run” projection.

That suggests the fed will cut rates by. Fed officials see the fed funds rate peaking at 4.6% in 2024, down from the fed’s previous september projection of 5.1%.