No More Rate Cuts In 2024. No interest rate cuts in 2024? We expect that to fall further, eventually hitting about 2.4% by march 2024, which is when we expect them to start cutting, actually.
That thinking came to a head on thursday when minneapolis fed president neel kashkari said there’s no reason to cut interest rates when the economy. The ecb plans to sell off nearly $50 billion worth of assets by the end of 2024 and discontinue all reinvestments under the pandemic emergency purchase program (pepp epp).