When Will The Fed Cut Interest Rates In 2024. The federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching u.s. The first interest rate cut may come in september and up to three cuts are possible in 2024.
Market participants widely expect the fed will start cutting the fed funds rate in september, and they’ll be looking for the central bank to provide signals this week. The federal reserve left interest rates unchanged wednesday but adjusted its projections to include three cuts to interest rates next year from the current.
