Us Fed Rate Cuts 2024. The federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their. Economy and create spillover effects in parts of the global financial system.

Policymakers see another 50 basis points of cuts in 2024; Fed officials also penciled in more rate cuts by year’s end in their latest economic forecasts, compared to the single cut in 2024 that they projected in june.