Fed Rate Cut 2024 Predictions Usa . At the september 2024 federal open market committee (fomc) meeting, the federal reserve (fed) lowered interest rates by 50 basis points, easing monetary policy for the first time in four. The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020.
Federal reserve officials agree that wednesday’s rate cut is unlikely to be their last. And fed chair jerome powell has cautioned in recent public remarks that it was “premature”.
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Fed Rate Cuts 2024 Predictions Cassi Laurena , The federal reserve cut interest rates by a quarter point thursday on the heels of the us presidential election earlier this week.