When Will The Fed Cut Interest Rates In 2024
When Will The Fed Cut Interest Rates In 2024. The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more. The first interest rate cut may come in september and up to three cuts are possible in 2024.
The fed predicts interest rates will be considerably lower at this point next year than they are right now, signaling three rate cuts may be in the cards for 2024. The federal reserve left interest rates unchanged wednesday but adjusted its projections to include three cuts to interest rates next year from the current.