Us Fed Rate Cuts 2024 Chevy. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020. In the face of slowing inflation and strong consumer spending, the federal reserve announced that it will keep the interest rate steady, holding the benchmark borrowing.
The move would mark a major milestone both for. The current federal funds rate as of october 16, 2024 is 4.83%.
