Us Rate Cuts 2024 Pdf. Overall, economists polled by reuters estimate the u.s. The speed of the jump in the jobless rate, which bottomed at 3.4% early last year and has since climbed to 4.3% as of last month, has added urgency to the debate.

Based on the overall economic data we’ve seen in recent months and the fed’s own public statements, we’re likely to see a 25 basis point (0.25%) interest rate. Federal reserve officials expect to cut interest rates three times in 2024, according to its latest summary of economic projections.