Fed Cut Interest Rates 2024

Fed Cut Interest Rates 2024. That would reflect a full percentage point cut. But in the near term, experts don’t see mortgage rates inching down by much.

As it looks to keep the economy in good standing, a growing concern is whether cutting rates will cause inflation to spike. 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.