Fed Rate Cuts 2024 Predictions 2024 Dates. The first interest rate cut may come in september and up to three cuts are possible in 2024. Yet two rate cuts are viewed as most likely, according to this implicit forecast of fixed.
In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on. Fed officials also penciled in more rate cuts by year’s end in their latest economic forecasts, compared to the single cut in 2024 that they projected in june.