When Will The Fed Lower Interest Rates 2024 Usa. November 7, 2024 / 5:07 pm est / cbs news. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.
Fed officials lowered interest rates because they are confident that inflation is coming back down to their 2 percent goal, and now they want to prevent the job market from. The federal reserve on wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease.