By Karen Brettell and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar is set to end 2023 with its first loss since 2020 against the euro and a basket of currencies on expectations the U.S. Federal Reserve will begin cutting rates next year as inflation moderates. Questions for 2024 will be when the Fed begins cuts, and whether the first rate reduction is made to avoid over-tightening as inflation drops, or due to rapidly slowing U.S. economic growth. With markets already pricing in aggressive cuts, debate is also focused on how much further the dollar is likely to fall. “We’ve already weak…

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