Fed Interest Rates 2024 Chart. Finally, it gets back to the 2% target in 2026. The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate.

When the federal reserve meets wednesday, officials are expected to mark the end of an era as they cut interest rates. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.