Feds Lowering Interest Rates 2024 News . The federal open market committee is most likely to cut interest rates again on december 18 to 4.25% to 4.5%, according to fixed income markets and the tone of two recent. The jobs report was one of two key pieces of data, along with inflation readings, due out next week before the federal reserve meets on dec.
The federal reserve on wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease. Federal reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.
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Federal Reserve Meeting Fed Signals Rate Cuts in 2024 The New York Times , Central bank's three remaining policy meetings in 2024, according to a majority of.