How Much Will The Fed Cut Rates In 2024. Officials still plan to cut more. The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more.
At the start of 2024, investors expected the federal reserve to cut interest rates substantially this year as inflation cooled. At the end of last year, the air was brimming with hope that the fed would start cutting rates early in 2024, easing pressure not just for consumers, but also for.