Fed Rate Cut September 2024 News. The federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their. The federal reserve cut interest rates on wednesday by half a percentage point.
Federal reserve officials were divided over how much to lower interest rates in september, minutes from their last meeting showed, although most officials favored the large. Central bank’s three remaining policy meetings in 2024, according to a majority of.
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