When Will The Fed Cut Interest Rates In 2024. Federal reserve chairman jerome powell speaks at a news conference following a federal open market committee meeting at the william mcchesney martin jr. Federal reserve bank chair jerome powell announces that interest rates will remain unchanged during a news conference at the federal.

Some wall street analysts still forecast multiple rate cuts in 2024, which they predict will kick off with the september meeting. The fed will begin cutting interest rates once it’s clear that inflation has cooled enough and won’t heat back up — or if the job market deteriorates much more than expected,.