Fed Rate Cut Expectations 2025 Predictions Us. 18, 2024, the federal open market committee (fomc) cut the federal funds rate by 25 basis points (bps) to 4.25% to 4.5%, the third straight rate cut last year. Swap contracts linked to future fed.

With that, the fed appears all but certain to cut interest rates for the first time in more than four years when officials meet later in september. They left their forecasts for u.s.