Fed Rate Cuts 2024 Dates

Fed Rate Cuts 2024 Dates

Fed Rate Cuts 2024 Dates. Today, the fed funds target rate is 5.25% to. Federal reserve officials on wednesday signalled support for another rate rise this year and fewer cuts in 2024 even as the us central bank held its benchmark interest rate.


Fed Rate Cuts 2024 Dates

The first hints will come in an official statement released wednesday afternoon, which could spell out a definitive end to rate hikes and set a timetable for upcoming cuts. 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.

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