Fed Rate Cuts 2024 Reddit 2024. He repeated that a couple dozen times so i’m assuming that is the feds official position. Fed officials also penciled in more rate cuts by year’s end in their latest economic forecasts, compared to the single cut in 2024 that they projected in june.

You raise rates to slow the economy down when necessary but then cut rates back to a neutral level that will neither accelerate nor slow down to maintain your target inflation rate. Central bank’s 2% target and the job market is solid, even as neither gave any clear steer on.