Will Fed Cut Rates In March 2024

Will Fed Cut Rates In March 2024. The federal reserve is expected to begin a steady diet of rate cuts in 2024, but policy may still be restrictive by the end of next year. Fed officials see the fed funds rate peaking at 5.1% in 2024.

This boosted the odds of a march rate cut to over 80% in the fed fund futures market, though that figure has since slid to just over 50%. The fed’s preferred personal consumption expenditures price index showed annual inflation at 2.4% for the year to january 2024.