Us Fed Rate Cut 2024

Us Fed Rate Cut 2024. The fed will only cut rates once this year because the us economy is too strong, market vet says. The federal reserve left interest rates unchanged and now sees only one cut this year.

Fed officials signaled they expect to reduce the benchmark rate once in 2024 and four times in 2025. Investors, who last week were betting the fed would have to cut rates by half a percentage point at its sept.