Fed Rate Cut Expectations 2024. At the june fomc meeting, the fed left rates unchanged and lowered its guidance on interest rate cuts to just a single 25 basis points reduction in 2024 (although. Commonwealth cio brad mcmillan shares his rate expectations for the year ahead.
What is the likelihood that the fed will change the federal target rate at upcoming fomc meetings, according to interest rate traders? Should we expect the fed to cut rates in 2024?