Controversy
Status:Resolved
When Will the US Federal Reserve Drop Interest Rates?
Resolution:
Sept. 18, 2024
Resolved on Sep 18, 2024
Photo:Tim Evanson via Flikr
Claims
Steve Wyett"[W]e [BOK financial] still target September as the most likely for an initial rate cut."
Sean Snaith"The May jobs report should exterminate any hopes of a rate cut this year."
Sonu Varghese"A July cut is off the table at this point."
Ian Shepherdson"[O]ur base case remains that a run of much weaker prints is coming, enabling a September easing."
Jan Hatzius"We see a solid rationale for cutting as early as the July 30-31 meeting."
TD Securities"We expect the Fed’s upcoming decision to come down to the magnitude of the first rate cut.”
Kevin O'Leary"[T]he Fed will not lower rates at all for the rest of this year."
Jenny Johnson"I do think if they [the Fed] look at the data... our first rate cuts are probably in September."
John Kerschner"We [Janus Henderson Investors] believe the Fed does want to cut this year, but a cut is unlikely to happen until September at the earliest."
Eric Roberts"We [Fiera Capital US] expect this strong [May jobs] report will dissuade the Fed from lowering interest rates in the near term."
Elyse Ausenbaugh"[T]he first Fed rate cut is likely coming in the fourth quarter of this year."
Nigel Green"We [deVere Group] expect that there's a significant risk that we might not see a rate cut until 2025."
Morgan Stanley"Morgan Stanley Research expects three cuts this year, of 25 basis points each, starting in September."
Christopher Waller"I do believe we are getting closer to the time when a cut in the policy rate is warranted."
Scott Anderson"Nothing in today’s CPI report precludes a Fed rate cut in September."
Joe Biden"I do stand by my prediction that before the year is out, there will [be] a rate cut."
Raphael BosticInterest rates might only ease "at the end of 2024."
Kristina Hooper"I believe the Federal Reserve will cut before the end of the third quarter."
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© 2025 Improve the News Foundation. All rights reserved.Version 6.18.0
© 2025 Improve the News Foundation.
All rights reserved.
Version 6.18.0