Fed Rate Cut 2024 Predictions November. Meanwhile, interest rate futures signal a 48% chance that the fed will cut interest rates to the 4.75% to 5% range in november, and a 45% chance that rates will. During its september meeting, the federal reserve lowered its benchmark interest rate by half a percentage point.

The federal open market committee meets again in november. Smaller probabilities are ascribed to rates being either 25 bps higher or.