Fed Rate Cuts 2024 November 2. Federal reserve will cut the federal funds rate by 25 basis points in both november and december, according to a strong majority of over 100 economists in a snap. Discover why morgan stanley’s global investment committee sees the fed cutting rates gradually to 3.50% by the end of 2025 and what it means for investors.
In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on wednesday. Today, the federal open market committee decided to reduce the degree of policy restraint by lowering.