Fed Interest Rate Cuts 2024 Dates
Fed Interest Rate Cuts 2024 Dates. — the first interest rate cut may come in september and up to three cuts are possible in 2024. More rate cuts are likely in 2025 as inflation continues.
— most notably, the updated dot plot showed that the median fed member expectation for the federal funds rate implies three 25 basis point [0.25%] interest rate. Latest jobs report signals that interest rates are unlikely to drop anytime soon.