Fed Member Predictions for Federal Funds Rate 2024–2026

Based on the Fed's "dot plot" predictions released June 12, 2024, below are the median projections on where the fed funds rate will be at the end of the coming three years.

The federal funds rate is represented by a range, currently 5.25%–5.50%. For simplicity, the numbers above indicate the lower end of the range.
Source: Federal Reserve Board
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