Us Fed Rate Cut 2024 Forecast. At the september 2024 federal open market committee (fomc) meeting, the federal reserve (fed) lowered interest rates by 50 basis points, easing monetary policy for the first time in four. That contrasts with a median forecast of 4.5% from the fed and expectations in the bond.


Us Fed Rate Cut 2024 Forecast

The widespread expectation is for a cut of 0.25 percentage point, or 25 basis points, to benchmark rates from the current range of 5.25% to 5.5%. The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020.

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