Anticipated Fed Rate Cuts 2024 Dates. In addition to the first cut in march 2024, we’re expecting a total of six cuts for the whole year. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.
Federal reserve will likely start interest rate cuts in september. Most notably, the updated dot plot showed that the median fed member expectation for the federal funds rate implies three 25 basis point [0.25%] interest rate.