Fed Rate Cut News 2024 Dates

Fed Rate Cut News 2024 Dates. The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020. Federal reserve will cut its key interest rate by 25 basis points on nov.


Fed Rate Cut News 2024 Dates

A half point cut in the rate on a $400,000 mortgage saves the borrower about $100 a month. The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that inflation was moderating and the.

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