How Much Rate Cut Expected In 2024

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How Much Rate Cut Expected In 2024. By contrast, in march the fed called for a 4.6% rate, implying three rate cuts. Earlier in the year, most economists pegged the first rate cut of 2024 for the fed's march 20 meeting.


How Much Rate Cut Expected In 2024

Earlier in the year, most economists pegged the first rate cut of 2024 for the fed’s march 20 meeting. There are now 93.3% odds that the fed’s target range for the federal funds rate, its key rate, will be lowered by a quarter percentage point to 5% to 5.25% in september from the current 5.25%.

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