When Will The Fed Cut Interest Rates In 2024 In Us

When Will The Fed Cut Interest Rates In 2024 In Us. Central bank's three remaining policy meetings in 2024, according to a majority. As it looks to keep the economy in good standing, a growing concern is whether cutting rates will cause inflation to spike.

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 inflation. With inflation tamed, the fed has lowered borrowing costs for credit cards, loans, auto financing and mortgages.