Fed Rate Cut November 2024
Fed Rate Cut November 2024. The federal reserve cut interest rates by 0.25% on november 7. It’s the second rate cut since the central bank began to lower borrowing costs in september, though the latest cut is smaller.
It’s the second rate cut since the central bank began to lower borrowing costs in september, though the latest cut is smaller. The federal reserve on thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation.
