Will Fed Cut Rates 2024. Fed officials’ latest signal on interest rates also came alongside the central bank’s new forecasts for growth, which show the us economy expanding by 2.1 per. But as of wednesday, only 1 in 10 continued to forecast a.

Powell laid out the case to lawmakers earlier in the week, telling. The fed will begin cutting interest rates once it’s clear that inflation has cooled enough and won’t heat back up — or if the job market deteriorates much more.