Is The Fed Cutting Rates In 2024. Federal reserve officials left interest rates unchanged in their final policy decision of 2023 and forecast that they will cut. The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more.

Many economists still think the fed will cut rates at some point in 2024—just not at the june 12 meeting. All eyes will be on the fed, which is widely expected to start cutting rates.