When Is The First Rate Cut Expected In 2024. Goldman sachs now projects two interest rate cuts by the u.s. This visualization from our 2024 global forecast series uses data from the federal reserve to chart past interest rate cut cycles and visualizes forecasts by top.
The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more. Instead, you’ll most likely need to wait until the fed’s june 12 meeting to see the first rate cut, according to economists polled by factset.