Fed Rate Cuts 2024 Predictions 2024. The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that inflation was moderating and the. “if the economy performs as expected, that would mean two more cuts this year,” both by a.

Other experts predict that cuts won’t start until late 2024. Slowing inflation in the second half of the year should give the fed confidence to move.