Us Fed Rate Cuts 2024. The federal reserve left interest rates unchanged on wednesday and signaled one cut in 2024, with more to come in 2025. Most economists have pegged the fed’s june meeting as the most likely time for it to announce its first rate cut, which would begin to reverse the 11 hikes it imposed beginning two years ago.
Fed officials’ latest signal on interest rates also came alongside the central bank’s new forecasts for growth, which show the us economy expanding by 2.1 per. Fed signals fewer cuts in 2024.