Fed Interest Rate Cuts 2024 Announcement. The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that. After today’s meeting, the federal reserve has two more opportunities to consider interest rate moves in 2024.
Policy easing hinges on more progress. The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that.