Fed Rate Cut News 2024 Newspaper. The federal reserve announced wednesday it is slashing interest rates by half a percentage point and projected two more cuts before the end of the year, in a clear sign that. Most federal reserve officials have forecasted that the us central bank could cut rates by about 0.75 percentage points.


Fed Rate Cut News 2024 Newspaper

In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on. The federal reserve lowered its benchmark interest rate by a half percentage point wednesday, an aggressive start to a policy shift aimed at bolstering the us labor market.

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