Will The Fed Cut Interest Rates In 2024. Federal reserve will cut its key interest rate twice this year, starting in september, according to a stronger majority of economists polled by reuters. Slowing inflation in the second half of the year should give the fed confidence to move.

Federal reserve bank of atlanta president raphael bostic said he’s looking for “a little more data” before supporting a reduction in interest. But as of wednesday, only 1 in 10 continued to forecast a march rate cut.