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Will The Fed Cut Interest Rates In 2024. But as of wednesday, only 1 in 10 continued to forecast a. Federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone.
We expect the fed to start cutting rates beginning with the federal open market committee’s september 2024 meeting. Earlier in the year, most economists pegged the first rate cut of 2024 for the fed’s march 20 meeting.
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