Will Interest Rates Go Down In 2024 For Cars. Indeed, in our latest forecasts we expect that growth in transport equipment across the advanced economies will go from about 9.7% in 2023 to just 1.7% in 2024. The fed funds rate has remained at 5.25% to 5.50% since july 2023.
Indeed, in our latest forecasts we expect that growth in transport equipment across the advanced economies will go from about 9.7% in 2023 to just 1.7% in 2024. When rates go up, car loans get more.
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