Will The Fed Cut Interest Rates In July 2024. If a september rate cut comes to fruition, that means there will be about 14 months between the last rate hike and the first rate cut, which is significantly longer than the average time frame. Powell said the time has come for the federal reserve to cut its key.

As of thursday afternoon, markets were fully pricing in an interest rate cut from the fed by the end of september, with a roughly 25% chance the fed cuts interest rates by 50 basis points, per the. Goldman’s top economist, jan hatzius, said in a note on monday that.