How Many Rate Cuts Are Expected In 2024. Central bankers will be held back by high shelter costs and a strong job. Financial markets have expected the first cut in march and five further reductions in 2024, while the fomc’s economic projections from december suggested.

Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled. The first interest rate cut may come in september and up to three cuts are possible in 2024.