Fed Rate Cut Expectations 2024. The federal reserve left rates unchanged for the seventh consecutive meeting and now envisions only one rate cut in 2024. Federal reserve officials on wednesday signalled support for another rate rise this year and fewer cuts in 2024 even as the us central bank held its benchmark interest rate.
Central bank’s three remaining policy meetings in 2024, according to a majority of. Expectations on overall economic growth were unchanged, but fomc committee members increased their inflation forecast for 2024 and 2025 and reduced their expectations.