Is The Fed Cutting Rates In 2024. Federal reserve will cut its key interest rate twice this year, starting in september, according to a stronger majority of economists polled by reuters who. That’s according to the cme fedwatch tool, which tracks the.

He says it would send. The fed predicts interest rates will be considerably lower at this point next year than they are right now, signaling three rate cuts may be in the cards for 2024.