Expected Fed Rate Cuts 2024 Olympics

Expected Fed Rate Cuts 2024 Olympics. Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024. 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 equity.

Central bank’s three remaining policy. The widespread expectation is for a cut of 0.25 percentage point, or 25 basis points, to benchmark rates from the current range of 5.25% to 5.5%.