Fed Seen Starting Rate Cuts in June, But Fewer Than Expected By 2024
- Fed expected to start cutting rates in June, according to majority of economists polled by Reuters
- Risk that fewer rate cuts are delivered in 2024 than currently projected
- Fed seeking more confidence that inflation moving sustainably to 2% target before cutting
- U.S. economy forecast to grow above Fed's non-inflationary rate this year
- Biggest risk is Fed projects fewer rate cuts in 2024, not more cuts
