Us Fed Rate Cut 2024 Lok. Alongside its decision on where to set interest rates, the federal reserve on wednesday will release its summary of economic projections — better known as its “dot. The fomc’s updated projections implied that the fed would deliver at least one rate cut before the end of 2024, two fewer than forecast in the committee’s march.
Federal reserve chair jerome powell said on wednesday interest rates could be cut as soon as september if the u.s. The us central bankers believe they’ll cut interest rates just once this year, two fewer than they thought in march as inflation approaches their 2 per cent goal more.