Daron Jeannie

Fed Rate Cuts 2024 Date. The fed has been 'shaken' from its path by a softening labor market, and will deliver steeper rate cuts as a result, jpmorgan says. Indeed, the fed now hints that perhaps only one rate cut will occur in late 2024.

However, even in those projections, most policymakers were expecting one or two interest rate cuts in 2024, though a minority believed rates would be held steady. Fed’s harker is ready to start methodical course of rate cuts.