Us Rate Cuts 2024 Predictions. With both the jobs picture and inflation softening, the central bank's federal open market committee chose to lower its key overnight borrowing rate by a half. Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled by reuters, with half saying.
The first interest rate cut may come in september and up to three cuts are possible in 2024. This visualization from our 2024 global forecast series uses data from the federal reserve to chart past interest rate cut cycles and visualizes forecasts by top banks and institutions on when they expect.