How Many More Rate Cuts In 2024. 25 basis points in november, followed by 50 basis points in december, for a total of 75 basis points. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo.
After today’s meeting, the federal reserve has two more opportunities to consider interest rate moves in 2024. Policymakers see another 50 basis points of cuts in 2024;