The Federal Reserve's Summary of Economic Projections indicates at least three interest rate cuts by the end of 2024 (September, November, December), with a minimum of one 25 basis point cut expected for the year.
"the interest rate projections have shown the FED cutting interest rates a couple of times this year in March it was three Cuts in June it was one cut we we're back at least to three Cuts now uh September November December one one cut of 25 basis points seems like the minimum that people would expect for this year"