Us Fed Rate Cut 2024 Olympics. In 2024, for example, nine of the central bank’s 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. 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.

The federal reserve left rates unchanged for the seventh consecutive meeting and now envisions only one rate cut in 2024. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.