Fed Rate Cut September 2024. Investors widely expect the fed to cut rates at its september meeting, the first cut since march 2020 to the target federal funds rate, which only officially determines the. Last updated dec 2, 2024 04:31:18 pm.
A top federal reserve official says he is leaning toward supporting an interest rate cut when the fed meets in two weeks but that evidence of persistent inflation before then could. Wednesday’s rate cut marks a preliminary victory.