Fed Cut Rates 2024. Price increases slowed more sharply than expected in june, adding to signs that high inflation has abated and boosting hopes that the federal reserve will cut interest rates this fall. Federal reserve chair jerome powell said on wednesday the u.s.

Much of the outlook will hinge on key data releases this week, including a reading of. Federal reserve will cut its key interest rate in september and once more this year, according to a majority of forecasters in a reuters poll that also.