Fed Rate Cut Expectations 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. Expectations of a rate cut in september — the fed’s last meeting before november’s presidential election — fell to.

The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.