Fed To Cut Rates In 2024

Fed To Cut Rates In 2024. For the past year, the fed has held that rate at approximately 5.5%. The federal reserve on wednesday left its benchmark interest rate unchanged and penciled in only one rate cut in 2024 as policymakers await more.

Cnbc’s jim cramer on monday suggested the federal reserve will make a rate cut at its meeting next week, a move that investors have eagerly. For the past year, the fed has held that rate at approximately 5.5%.