Fed Rate Cuts 2024 Dates Fruit. This pace of cuts is consistent with gradual policy. Its most recent assessment of that rate is around.

Financial markets are pricing in a 97% chance the federal reserve will cut the fed funds rate by a quarter percentage point to a range of 4.25% to 4.5% according to the cme. 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.