Fed Rate Cut Expectations 2024. 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 2024. Fed funds futures contracts for december on monday reflected expectations of around 60 basis points in rate cuts this year, compared to some 150.
Still, markets have bought into the idea that the fed will be cutting, by a lot, over the course of 2024. Analyze the probabilities of changes to the.