How Many Interest Rate Cuts In 2024. Officials penciled in three rate cuts for 2024, according to their latest economic projections released in december, but markets are pricing in double that. Excluding the rate cuts that happened during the pandemic, the fed has had six cutting cycles since 1990.

Here are some takeaways from the decision and from remarks by the fed chair,. The federal reserve on wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to.