Will Fed Cut Rates In 2024 Usa. 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. Central bank's three remaining policy meetings in 2024, according to a majority.

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 inflation. The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020.