Fed Cut Interest Rates 2024 Dates. The federal reserve on wednesday cut interest rates by a half point, a bold move that it said was possible because it believes inflation is under control. The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020.
The federal reserve on wednesday cut interest rates by a half point, a bold move that it said was possible because it believes inflation is under control. Central bank cut interest rates for the first time in a very long four years marking the beginning of the end of what’s been the highest cost in two decades.