How Many Fed Rate Cuts In 2024 Candidates. Gdp for 2024 was lowered slightly to 1.4% from 1.5%, while the unemployment rate is seen rising to 4.1% in 2024 from its present 3.7% rate and. Federal reserve will likely start interest rate cuts in september.
Rate cuts next year would deviate from the policy approach taken by the fed prior to many recent presidential elections, a reuters analysis found. 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.
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