Fed Rate Cuts 2024 Chartink Screener. This visualization from our 2024 global forecast series uses data from the federal reserve to chart past interest rate cut cycles and visualizes forecasts by top banks and institutions on when they expect the first rate cut of. In its september meeting, the fed lowered the federal funds rate by 50 basis points, stating:
In addition to the first cut in march 2024, we’re expecting a total of six cuts for the whole year. Three federal reserve officials on monday made clear they expect the us central bank to continue cutting interest rates over the next year, but stopped short of saying they are committed to making.