Fed Rate Cut September 2024.  — the federal reserve announced the first interest rate cut in four years at its september policy meeting amid progress in slowing down the pace of inflation toward its 2% goal.  — fed officials also penciled in more rate cuts by year’s end in their latest economic forecasts, compared to the single cut in 2024 that they projected in june.

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 inflation was moderating and the.  — the federal reserve will lower interest rates by 25 basis points at each of the u.s.