Estimated Rate Cuts 2024. While officials affirmed their view for three rate cuts this year even as they upgraded the economic outlook, they trimmed the number of cuts expected next year. The fomc median forecast shows 75 basis points of rate cuts for 2024, in line with their former dot plot projections made in january and, importantly, in line with.
The fomc median forecast shows 75 basis points of rate cuts for 2024, in line with their former dot plot projections made in january and, importantly, in line with. When would mortgage rates react to a rate cut?