When Will The Fed Cut Interest Rates In 2024 In Usa. Investors and the fed both agree that rates will need to come down in 2024, based on the us economy’s direction. With inflation easing, the federal reserve announced a 50 basis point cut to its benchmark interest rate on wednesday — the first reduction in borrowing costs since march.

Markets that predict movements in the federal funds rate think a march cut is a close call, reckoning there’s about a 46% chance. Economy and create spillover effects in parts of the global financial system.