Fed Rate Cut 2024 Predictions November Month. A top federal reserve official says he is leaning toward supporting an interest rate cut when the fed meets in two weeks but that evidence of persistent inflation before then could. Monthly payments that are $67 per month lower.

Washington — the federal reserve approved its second consecutive interest rate cut thursday, moving at a less aggressive pace than before but continuing its efforts to. But whether that cut should come this month or next will depend on a string of data releases over the coming weeks.