Interest Rate Cuts 2024. The federal open market committee chose to lower its key overnight borrowing rate. After a grueling two years of high inflation and elevated interest rates, americans are finally set for some relief:
Global inflation continues to ease in 2024, as reflected in the forum’s. The federal reserve left interest rates unchanged wednesday but adjusted its projections to include three cuts to interest rates next year from the current 5.25% to 5.5% range.