Expected Fed Rate Cuts 2024 June. A solid majority of survey respondents see fed officials penciling in three or more cuts in 2024, while more than a third expect two or fewer. The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more.
Fed is in no rush to cut rates as economy holds up. The federal reserve said wednesday it is keeping its benchmark lending rate at its current level for the seventh time in a row, while signaling fewer rate cuts than.
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