Expected Fed Rate Cuts 2024 Lok. The fomc’s updated projections implied that the fed would deliver at least one rate cut before the end of 2024, two fewer than forecast in the committee’s march. Market participants have priced in nearly a 60% probability of a rate cut at the fed’s policy meeting in march and expect a reduction in the policy rate of close to 150.
The fed’s announcement, which was widely expected by investors, means the federal funds rate has been parked at that level since july 2023, when the central. The federal reserve open market committee is expected to cut interest rates at least once during its four remaining meetings of 2024.
