Us Fed Rate Cut 2024 Time. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year โ much lower than the 5.1 percent they had been expecting in june,. The s&p topped 5,200 for the first time wednesday after the federal reserve said it was still targeting three rate cuts in 2024.
In 2024, for example, nine of the central bankโs 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on wednesday. New york cnn โ so we finally got a rate cut โ and a supersized one at that.
