Fed Interest Rate Cuts 2024 News. Federal reserve cuts rates by 50 basis points. The federal reserve said wednesday it would pause its aggressive rate hike campaign one more time, and signaled rate cuts are ahead in 2024.
Central bank’s three remaining policy meetings in 2024, according to a majority. The federal reserve took the widely expected step wednesday of announcing its first interest rate cut in years, a move that will have a major impact on.