Fed Rate Cut Expectations 2024 India. 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. Us federal reserve signaled it still expects to make three cuts this year sending us markets into a frenzy as traders cheered central bank's affirmation.

The us federal reserve has maintained its benchmark interest rates unchanged in a range of 5.25 per cent to 5.50 per cent, marking the fifth consecutive. 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.