Fed Rate Cut 2024 Dates Usa

Fed Rate Cut 2024 Dates 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. New york cnn — so we finally got a rate cut — and a supersized one at that.

The fed’s move comes just days after america elected donald j. The rate decision — the first time the fed has cut borrowing costs in four years — marks a turning point for the economy that brings the u.s.