Fed Cutting Rates 2024. Federal reserve’s interpretation of economic data, waiting for the moment when the economy. The fed now projects just one rate cut in 2024, down from multiple ones in its previous projection.
The federal reserve left interest rates unchanged wednesday but adjusted its projections to include three cuts to interest rates next year from the current 5.25% to 5.5% range. Washington (ap) — the federal reserve’s favored inflation measure remained low last month, bolstering evidence that price.