Fed Rate Cut News 2024 Date

Fed Rate Cut News 2024 Date. The rate decision — the first time the fed has cut borrowing costs in four years — marks a turning point for the economy that brings the u.s. The fed meets two other times this year.

Federal reserve delivered an oversized interest rate cut of 50 basis points, reflecting confidence in taming inflation but concern over the economy. The rate decision — the first time the fed has cut borrowing costs in four years — marks a turning point for the economy that brings the u.s.