Us Fed Rate Cut 2024 News. Why one firm is skeptical about the blockbuster september jobs report — and is still expecting another jumbo rate cut. 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 officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.