Fed Rate Cut 2024 Predictions Reddit

Fed Rate Cut 2024 Predictions Reddit. Charlie dougherty, a senior economist at wells fargo, expects mortgage rates to drop marginally after the fed's rate cut on wednesday. That was the first dissent from a fed governor since 2005.

Slow and shallow rate cuts would be more consistent with the economic. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in june,.