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When Will The Fed Cut Interest Rates In 2024. The fed will begin cutting interest rates once it’s clear that inflation has cooled enough and won’t heat back up — or if the job market deteriorates much 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.
The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half. Instead, you’ll most likely need to wait until the fed’s june 12 meeting to see the first rate cut, according to economists polled by factset.
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