Fed Interest Rate Cut 2024 Announcement. The federal reserve is expected to ultimately cut interest rates in 2024, but in a measured way and with action weighted toward the second half. The federal reserve cut interest rates on wednesday by half a percentage point.
The federal reserve will lower interest rates by 25 basis points at each of the u.s. Earlier wednesday, the bureau of labor statistics reported, in a preliminary revision of the nonfarm payroll numbers from april 2023 through march 2024, that gains.
