Anticipated Rate Cuts 2024. Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled by reuters,. Chicago fed president austan goolsbee said monday that three rate cuts in 2024 are in line with my thinking, and that the fundamental story about falling inflation has not.
A favorable turn in inflation trends, moving closer to the 2% target, is allowing central banks to ease policy, with interest rate cuts anticipated in 2024. There are now 93.3% odds that the fed’s target range for.