Fed Rate Cuts 2024 Pdf. The average was six reductions with the starting rate moving from a 6.6% starting point to a 3. The fed first began hiking interest rates in march 2022 to combat surging inflation, raising the target federal funds rate from 0% to over 5% by last july, the level they’ve stood for the last.

The average was six reductions with the starting rate moving from a 6.6% starting point to a 3. Anticipated rate cuts in 2024 may modestly impact markets, with sectors like nbfcs, auto, and new tech expected to benefit.