Expected Fed Rate Cuts 2024 Jan 6. Jobs report, which encouraged interest rate futures traders to price in as much as 120 basis points. Federal reserve officials signaled wednesday that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of.
Federal reserve will likely start interest rate cuts in september. Rate cuts could provide some relief to consumers and businesses, who have been paying more for mortgages, auto loans, credit card debt and other borrowing due to the fed’s.