Us Fed Rate Cuts 2024 Ford. T he federal reserve’s decision on september 18th to lower interest rates by half a percentage point, to between 4.75% and 5%, is momentous. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on wednesday.


Us Fed Rate Cuts 2024 Ford

The 50bp cut in the federal funds rate to 5.0% exceeded fitch’s expectations in its september 2024 global economic outlook. In the face of slowing inflation and strong consumer spending, the federal reserve announced that it will keep the interest rate steady, holding the benchmark borrowing.

Us Fed Rate Cuts 2024 Ford Images References :