Fed Interest 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 reuters who broadly. Top federal reserve officials said on wednesday the u.s.
The federal reserve left interest rates unchanged wednesday but adjusted its projections to include three cuts to interest rates next year from the current 5.25% to 5.5% range. Federal reserve officials signaled wednesday that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year.