Fed Rate Cut July 2024 Date. The federal reserve has briefly receded from the headlines, a position that members welcome.  — the federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half.

 — the fed’s first rate cut of 2024 could come next month if the labor market slows.  — federal reserve officials left interest rates unchanged in their june decision and predicted that they will cut borrowing costs just once before the end of 2024, a sign.