Fed Rate Cut September 2024 Date


Fed Rate Cut September 2024 Date. In a more aggressive move than expected, the federal open market committee (fomc) cut their benchmark borrowing rate by half of a percentage point,. After raising its key interest rate for nearly two years to tamp down growth and rising prices, economists expected the fed to cut the rate to bring it more in line.


Fed Rate Cut September 2024 Date

Fed officials may regret cutting by 50bps in september and should now hold steady to evaluate further data. 5.33% as of september 18,.

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