Fed Cut Rates 2024 Today. 18, 2024 at 8:46 pm edt. Federal reserve officials kept interest rates at 5.3 percent and projected they would lower borrowing costs in 2024 as the fed chair struck a watchful tone.

The federal reserve will lower interest rates by 25 basis points at each of the u.s. Stocks finished lower after the federal reserve voted to cut interest rates by 0.5 percentage point, opting for a more.