When Will The Fed Cut Interest Rates In 2024 In Usa. In the face of slowing inflation and strong consumer spending, the federal reserve announced that it will keep the interest rate steady, holding the benchmark borrowing. The federal reserve cut interest rates by a quarter point thursday on the heels of the us presidential election earlier this week.
The federal reserve has one more opportunity to consider interest rate moves in 2024. Markets currently expect a 0.25% reduction.