Fed Interest Rate Cut 2024. 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 their war against. The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020.
The federal reserve on thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. The federal reserve cut interest rates on wednesday by half a percentage point.
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