Lacie Miquela

Fed Rate Cuts 2024 Dates November. After raising its key interest rate for nearly two years to tamp down growth and rising prices, economists expected the fed to cut the rate to bring it more in line. Traders expect the fed to cut rates again at its november and december policy meetings, though they are divided on the size of the cuts, according to the cme.

Yet two rate cuts are viewed as most likely, according to this implicit. 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.