Fed Rate Cuts 2024. Federal reserve will cut its key interest rate twice this year, starting in september, according to a stronger majority of economists polled by. Yields testing february levels with three 2024 fed cuts priced.
The median fomc member now expects one 0.25 percentage point cut in 2024, down from two in march, although the modal number of cuts is still two. Federal reserve officials said wednesday that while there are signs the economy is slowing, the fed was not yet ready to cut its key interest rate.