Expected Fed Rate Cuts 2024 Dates. Markets expect that to fall by approximately 1% by the end of 2024 — as assessed by the cme fedwatch. In addition to the first cut in march 2024, we’re expecting a total of six cuts for the whole year.

A minority of fomc members. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate.