Expected Fed Rate Cuts 2024. Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024. Washington (ap) — 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 signs that inflation remained elevated at the start of the year.

Washington (ap) — 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 signs that inflation remained elevated at the start of the year. Leading central banks are expected to begin cutting interest rates over the coming year as falling inflation fuels predictions among investors and economists that prices are under control.