Fed Interest Rate Cuts 2024 Predictions

Fed Interest Rate Cuts 2024 Predictions. Powell, the fed chair, said that the central bank would take future interest rate cuts “meeting by meeting” after lowering rates by a half percentage point, an unusually large move. For the fed, the immediate question will be whether it still makes sense to lower interest rates in december, the central bank’s next gathering and the final meeting of 2024.

Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years. Fed interest rate cuts could begin in early 2024, according to some experts.