Fed Rate Cut Expectations March 2024 Predictions. Slow and shallow rate cuts would be more consistent with the economic “soft landing” that fed officials are trying to achieve than steep cuts that might benefit equity. The latest inflation data was a setback for hopes of an interest rate cut at the federal reserve’s june meeting.
Will the fed finally cut interest rates before the year is over? In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on.