Economists predict that the Federal Reserve will cut interest rates next week, and at least one more rate cut will occur in 2025.

Economists predict that cracks in the job market may push the Federal Reserve to implement a series of interest rate cuts in the coming months, starting with a rate cut next week. The median expectation among those surveyed shows that there will be two rate cuts before the end of the year, but a significant number of people expect three rate cuts. Among economists predicting two rate cuts, opinions on whether the second rate cut will be implemented in October or December are nearly evenly divided.