Us Rate Cuts 2024 Calendar. Federal reserve bank of chicago president austan goolsbeesaid interest rates need to be lowered “significantly”. Financial markets have expected the first cut in march and five further reductions in 2024, while the fomc’s economic projections from december suggested.

Slow and shallow rate cuts would be more consistent with the economic “soft landing” that fed officials are trying to achieve than steep cuts that might benefit. Financial markets have expected the first cut in march and five further reductions in 2024, while the fomc’s economic projections from december suggested.