Fed Lower Interest Rates 2024. For the fed, the immediate question will be whether it still makes sense to lower interest rates in december, the central bank’s next gathering and the final meeting of 2024. Federal reserve will cut its key interest rate by 25 basis points on nov.
Cpi shows uptick in inflation before final 2024 rate decision from federal reserve 02:14. At the september 2024 federal open market committee (fomc) meeting, the federal reserve (fed) lowered interest rates by 50 basis points, easing monetary policy for the first time in four years due to progress on the fed’s dual.