Anticipated Fed Rate Cuts 2024 Calendar. 7, 2024, 10:00 am utc / updated nov. As the fed’s “dot plot” shows, a large majority of fed officials expect to reduce interest rates in 2024, with most expecting between two and four.

Though the vote was unanimous to hold rates last month at their 5.25% to 5.5% target range, “several” fomc officials said they would have supported a 25 basis point cut last. The federal reserve cut its primary interest rate by 25 bps on thursday.