Fed Rate Cut Chances In 2024 Rate Cut. How fed rate cuts will impact the u.s. The ecb announces its policy decision on thursday and is widely expected to cut interest rates by a quarter percentage point, bringing the deposit rate to 3.25%.
A september rate cut wasn’t even in the bag until late august, when powell gave his strongest signal that inflation had come under control just enough for the fed to finally. The cme fedwatch tool shows 100% odds of a fed rate cut by september, based on trading in fed funds futures contracts.