Fed Cut Interest Rates 2024

Fed Cut Interest Rates 2024. Fed governor michelle bowman, who voted for a. The fed’s move comes just days after america elected donald j.

It’s a process that takes some time, said powell, who spoke in a press conference following the fed’s decision to reduce its benchmark overnight interest rate to the 4.50%. Investors and the fed both agree that rates will need to come down in 2024, based on the us economy’s direction.