Fed Lowering Interest Rates September 2024. The fed’s looming decision about how much to cut interest rates — and how quickly to proceed with reductions after september — comes at a fraught political. The vast majority of federal reserve officials said the central bank would likely cut interest rates in september—while several saw a case to slash rates last.
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. It marks a crucial milestone for the central bank’s.