Will The Fed Cut Interest Rates In March 2024. Both fed projections and market expectations see lower interest rates in 2024 but weighted to the second half of the year. While federal reserve chair jerome powell remains circumspect, the central bank appears to be inching closer to our expectation for a rate cut in march.

Earlier in the year, most economists pegged the first rate cut of 2024 for the fed’s march 20 meeting. But as of wednesday, only 1 in 10 continued to forecast a.