Fed Rate Cut Chances In 2024 March. Futures that settle to the fed's policy rate on wednesday pointed to a little under a 60% chance of a rate cut in march, versus about a 65% chance seen at the. As a result, a march rate cut is off the table, shah predicted, adding that a cut in may, when the federal open markets committee will deliver its third interest rate.

The march decision marks the fifth consecutive meeting at which the federal reserve (fed) has opted to hold interest rates steady. By contrast, in 2020, as.