Fed Cutting Interest Rates 2024 News. Federal reserve will cut its key interest rate by 25 basis points on nov. 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 winning their war against.
Central bank is closer to cutting interest rates given inflation’s improved trajectory and a labor market in better. The federal open market committee is most likely to cut interest rates again on december 18 to 4.25% to 4.5%, according to fixed income markets.
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