Fed Rate Cut 2024. Gdp for 2024 was lowered slightly to 1.4% from 1.5%, while the unemployment rate is seen rising to 4.1% in 2024 from its present 3.7% rate and continuing at that level in 2025 and 2026. Central bank's three remaining policy meetings in 2024, according to a majority of.
It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020. Federal reserve interest rate decisions can influence the trajectory of the u.s.