No More Rate Cuts In 2024. Us investors have become more cautious than the federal reserve on expectations of interest rate cuts this year, betting the central bank could reduce rates fewer. Higher inflation readings, a resilient job market, and easing financial conditions are.

Among 21 primary dealers polled, nearly 60%, or 12, expected the fed to reduce rates twice in 2024. Investors came into 2024 looking for six or more quarter percentage point interest rate cuts by the federal reserve, but now see only three.