Will Fed Cut Rates In September 2024. The federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are. The federal reserve on wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to.
After last raising interest rates in july 2023, it appears likely, according to both financial markets and policymakers, that the fed will cut interest rates on. The federal reserve cut interest rates on wednesday by half a percentage point.
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