How Many Interest Rate Cuts In 2024. Central bank's three remaining policy meetings in 2024, according to a majority of economists in a reuters. In the face of slowing inflation and strong consumer spending, the federal reserve announced that it will keep the interest rate steady, holding the benchmark borrowing rate to a range of 5.25%.

Will interest rates drop in 2024? The first interest rate cut may come in september and up to three cuts are possible in 2024.