How Many Rate Cuts Are Expected In 2024. The federal reserve left rates unchanged for the seventh consecutive meeting and now envisions only one rate cut in 2024. Washington (ap) โ federal reserve officials signaled wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on wall street, despite signs that inflation remained elevated at the start of the year.
Fed policymakers scale back to one rate cut in 2024; Policy easing hinges on more progress reducing inflation