Will Fed Cut Rates In 2024 In Us.  — gdp for 2024 was lowered slightly to 1.4% from 1.5%, while the unemployment rate is seen rising to 4.1% in 2024 from its present 3.7% rate and continuing at that level in 2025 and 2026.  — with inflation tamed, the fed has lowered borrowing costs for credit cards, loans, auto financing and mortgages.

 — it’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.  — with inflation tamed, the fed has lowered borrowing costs for credit cards, loans, auto financing and mortgages.