Us Fed Rate Cuts 2024. 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 continuing at that level in 2025 and 2026. By june, they had lowered that projection to just one cut.
Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled by reuters, with half saying. The federal reserve left rates unchanged for the seventh consecutive meeting and now envisions only one rate cut in 2024.