Expected Fed Rate Cuts 2024/23. Ira jersey, chief us interest rate strategist for bloomberg intelligence, discusses the fed, treasuries, and the outlook for rate cuts. Goldman sachs pulled back its first expected cut to september, though the firm still expects two this year.

The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more. New quarterly economic projections laid out after the meeting show that a majority of fed officials who participated expect rates to fall to just 5.1% by the end of.