Fed Rate Cuts 2024 Schedule. At the september 2024 federal open market committee (fomc) meeting, the federal reserve (fed) lowered interest rates by 50 basis points, easing monetary policy for the first time in four years due to progress on the fed’s dual. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.

Decisions are scheduled on january 31, march 20, may 1,. 7, according to all 111 economists in a reuters poll, with more than a 90% majority predicting.