Rate Cuts 2024. Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled by reuters, with half saying. The new batch of quarterly projections shows that fed committee members expect to cut their key policy rate to 4.6% by the end of 2024, down from the current range of 5.25% to 5.5%.
What to know about the fed’s rate decision. But now, its soft landing is in question.