Us Fed Rate Cuts 2024. Immediate rate cuts are more obviously appropriate in these economies, but softening us inflation and labor markets could still lead fomc members to revise their. The federal open market committee (fomc), in a summary of economic projections released wednesday, projects a median of three rate cuts next year.

Policy easing hinges on more progress reducing inflation. Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled.