How Many Interest Rate Cuts In 2024. But nine months in, rate cuts still haven’t happened, drenching wall street’s parade and leaving us consumers squeezed by elevated interest rates. A rough patch for inflation at the outset of 2024, however, forced the central bank to all but abandon those plans.
The federal reserve will lower interest rates by 25 basis points at each of the u.s. October 4, 2024, 4:07 pm pdt.
