How Many Rate Cuts In 2024. Federal reserve cuts rates by 50 basis points. Despite delays relative to expectations, markets still expect one or two interest rate cuts in 2024.
Officials penciled in three rate cuts for 2024, according to their latest economic projections released in december, but markets are pricing in double that amount, beginning as soon as march. Earlier in the year, most economists pegged the first rate cut of 2024 for the fed’s march 20 meeting.
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