The Fed's Decision to Cut Rates

Powell admitted that the Fed is not going to wait for 2% inflation before it starts cutting rates. He said we don't believe we're going to get back to 2% inflation until sometime in 2025. But he said the Fed is forecasting the first rate cuts to happen in 2024. The economy is now so strong that they're not even worried about a recession, why would they talk about rate cuts as early as next year?