Us Fed Rate Cuts 2024 Dates. Slow and shallow rate cuts would be more consistent with the economic “soft landing” that fed officials are trying to achieve than steep cuts that might benefit equity markets more. Powell, the fed chair, said that the central bank would take future interest rate cuts “meeting by meeting” after lowering rates by a half percentage point, an.

As inflation recedes, real interest rates can still increase as the fed’s policy rate remains unchanged during the first half of 2024. Fed chair jerome powell said officials could speed up or slow the pace of rate cuts depending on how the economy and inflation evolve.