How Many Fed Rate Cuts In 2024 Today. In short, the fed has pivoted to its rate cutting era, and there is more to come. This comes less than two weeks before the federal reserve's final policy meeting of the year on dec.
The federal open market committee is most likely to cut interest rates again on december 18 to 4.25% to 4.5%, according to fixed income markets. The federal reserve on thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation.