Fed Rate Cuts 2024 Timeline. This visualization from our 2024 global forecast series uses data from the federal reserve to chart past interest rate cut cycles and visualizes forecasts by top banks and institutions on when they expect the first rate cut. Federal reserve will likely start interest rate cuts in september.


Fed Rate Cuts 2024 Timeline

The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020. Gdp for 2024 was lowered slightly to 1.4% from 1.5%, while the unemployment rate is seen rising to 4.1% in 2024 from its present 3.7% rate and continuing at that level in 2025 and 2026.

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