Fed Rate Cuts 2024 Calendar. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half. Jpmorgan forecast that fed cuts would extend the gold rally but predicted that gold would hit the $2,500 mark in the fourth quarter.
The federal reserve left rates unchanged for the seventh consecutive meeting and now envisions only one rate cut in 2024. 5.50% federal open market committee (fomc) members vote on where to set the rate.
