Will Fed Cut Rates In 2024. The us central bank’s federal open market committee will keep its benchmark rate in a range of 5.25% to 5.5%, a peak reached a year ago, at the. The fed is likely to hold off on cutting rates until later in 2024, with most experts now penciling the first rate reduction for the central bank's september or.

Investors were betting big on federal reserve rate cuts at the start of 2024, wagering that central bankers would lower interest rates to around 4 percent by the end. The us central bank’s federal open market committee will keep its benchmark rate in a range of 5.25% to 5.5%, a peak reached a year ago, at the.