Fed Rate Cuts For 2024. The fed now projects just one rate cut in 2024, down from multiple ones in its previous projection. Federal reserve officials left interest rates unchanged on wednesday and continued to forecast that borrowing costs will come down somewhat by the end of the.
The federal reserve said wednesday it would pause its aggressive rate hike campaign one more time, and signaled rate cuts are ahead in 2024. Federal reserve officials left interest rates unchanged in their final policy decision of 2023 and forecast that they will cut borrowing costs three times in the coming.