Fed Rate Cut September 2024 Prediction. 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 mandate. The fed is done cutting interest rates for the rest of the year, according to ed yardeni.
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 mandate. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.
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