Will The Fed Cut Interest Rates In 2024

Will The Fed Cut Interest Rates In 2024. Overall, the current expectation is that the fomc will start to cut interest rates in 2024. Federal reserve officials left interest rates unchanged in their june decision and predicted that they will cut borrowing costs just once before the end of 2024, a sign that they plan to be.

The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half. Some wall street analysts still forecast multiple rate cuts in 2024, which they predict will kick off with the september meeting.