Fed Rate Cut 2024 Time Usa. On thursday, the federal reserve reduced the federal funds rate by a quarter point to bring the short term rate down to a set range of 4.5% to 4.75%. Chair jerome powell also affirmed his commitment to serve out his.


Fed Rate Cut 2024 Time Usa

Economy stands on the brink of change. Fed officials also penciled in more rate cuts by yearโ€™s end in their latest economic forecasts, compared to the single cut in 2024 that they projected in june.

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