How Many Fed Rate Cuts In 2024 Election

How Many Fed Rate Cuts In 2024 Election. The fed is expected to cut its benchmark rate to a range of 4.25% to 4.5% at its december meeting. When the fed cut rates in september, there was a dissenting vote for the first time in 19 years.

Economic policy, impacting interest rates, market stability, and consumer confidence. In a move that was widely anticipated, the federal reserve has cut the federal funds rate by 0.25 percentage points, to a new target range of 4.50% to 4.75%.