Expected Fed Rate Cuts 2024 Expected

Expected Fed Rate Cuts 2024 Expected. In addition to the first cut in march 2024, we’re expecting a total of six cuts for the whole year. Fed policymakers projected on wednesday that they will lower borrowing costs to 4.6 percent by the end of 2024, down notably from their previous 5.1 percent.

Financial markets have expected the first cut in march and five further reductions in 2024, while the fomc’s economic projections from december suggested. Policy easing hinges on more progress.