Fed Interest Rates 2024 Graph. The fed funds rate is the interest rate at which. The latest median projection for the upper limit of the appropriate target rate range at the end of 2024 is 5.25, up from 4.75 in march and back to where it was in.
The tables below list the dates of fed meetings when the fomc changed interest rates, the size of each rate change in basis points—abbreviated as bps—and the resulting federal funds target. 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.