Expected Fed Rate Cuts 2024 Predictions

Expected Fed Rate Cuts 2024 Predictions. Slow and shallow rate cuts would be more consistent with the economic “soft landing” that fed officials are trying to achieve than steep cuts that might benefit equity markets more. This week, economists at companies including goldman sachs, ubs and bank of america revised their predictions after the cpi print:

Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in june,. Slow and shallow rate cuts would be more consistent with the economic “soft landing” that fed officials are trying to achieve than steep cuts that might benefit equity markets more.