Fed Rate Cuts 2024 Predictions India. The most actively traded gold futures contract has hit repeated highs this year, most recently notching a fresh record of $2,687.30 on tuesday before retreating. Most experts expect the federal reserve to cut rates once more in 2024, either in november or december.

Federal reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024, one more reduction than. The new rate range is now 4.75% to 5%.