Us Fed Rate Cut 2024. The us fed is expected to announce its first interest rate cut in over four years, likely debating a 25 or 50 bps reduction as inflation eases. Federal reserve will wait until september to cut its key interest rate, according to a majority of 100 economists polled by reuters,.
That was up from 55 of 101 last month. Itโs a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.