Fed Rate Cut 2024 Dates And Times
Fed Rate Cut 2024 Dates And Times. After raising its key interest rate for nearly two years to tamp down growth and rising prices, economists expected the fed to cut the rate to bring it more in line with slowing. The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020.
Fed moves to protect weakening job market with bold rate cut. Today, the fed funds target rate is 5.25% to.