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How Many Fed Rate Cuts In 2024 A Year. July 29, 2024, 3:55 am. The fed's dot plot showed a median expectation of just one rate cut by the end of 2024, revised down from three projected cuts earlier in the year.
Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024. Torsten slok, apollo global’s chief economist, is maintaining his prior forecast that the fed won’t cut rates at all this year.
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