How Many Interest Rate Cuts In 2024. Earlier in the year, most economists pegged the first rate cut of 2024 for the fed's march 20 meeting. The federal reserve left interest rates unchanged wednesday but adjusted its projections to include three cuts to interest rates next year from the current 5.25% to.

The fed’s first rate cut in a series of rate cuts is expected to hit at the fed’s next meeting on sept. Economists at bank of america forecast 152 interest rate cuts from global central banks in 2024, representing the highest amount of rate cuts since 2020, when.