When Will The Fed Cut Rates 2024. The fed is expected to cut its benchmark rate to a range of 4.25% to 4.5% at its december meeting. With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.

7, according to all 111 economists in a reuters poll, with more than a. The fed is expected to cut its benchmark rate to a range of 4.25% to 4.5% at its december meeting.