Will The Fed Cut Interest Rates In May 2024. Fed interest rate cuts could begin in early 2024, according to some experts. The fed predicts interest rates will be considerably lower at this point next year than they are right now, signaling three rate cuts may be in the cards for 2024.

The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more. The federal reserve will lower interest rates by 25 basis points at each of the u.s.