Fed Rate Cut News 2024 Dates. Investors will scrutinize press conference, updated forecasts Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years.

At the september 2024 federal open market committee (fomc) meeting, the federal reserve (fed) lowered interest rates by 50 basis points, easing monetary policy for the first time in four. In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on wednesday.