Fed Interest Rate Cuts 2024 News. Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024. The unemployment rate ticked down to 4.2% from 4.3%,.

Financial markets agree, and on wednesday kept bets the u.s. Fed officials have held interest rates at 5.3 percent since july, after raising them sharply from near zero starting in march 2022.