Fed Interest Rate Cut September 2024

Fed Interest Rate Cut September 2024. 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 years due to progress on the fed’s dual. Federal reserve will likely start interest rate cuts in september.

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 years due to progress on the fed’s dual. Investors widely expect the fed to cut rates at its september meeting, the first cut since march 2020 to the target federal funds rate, which only officially determines the overnight.