No More Rate Cuts In 2024. Washington (ap) โ federal reserve officials signaled wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on wall street, despite. Federal reserve will likely start interest rate cuts in september.
Investors came into 2024 looking for six or more quarter percentage point interest rate cuts by the federal reserve, but now see only three. There were growing calls for the rba to hike rates once more.