Will The Fed Cut Interest Rates In 2024 Schrikkeljaar. As widely expected, the federal reserve lowered its benchmark interest rate on thursday, which will make it a bit cheaper to borrow money via credit cards, loans and auto. In a decisive move to adjust monetary policy, the federal reserve announced a significant interest rate cut of 50 basis points during its meeting on 18 september 2024.

Washington — the federal reserve approved its second consecutive interest rate cut thursday, moving at a less aggressive pace than before but continuing its efforts to. Washington (ap) — federal reserve officials signaled wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on wall street,.