Fed Rate Cuts 2024 Dates Usa. The federal reserve on wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to. Inflation continues to cool, paving the way for rate cuts.

In short, the fed has pivoted to its rate cutting era, and there is more to. Slow and shallow rate cuts would be more consistent with the economic “soft landing” that fed officials are trying to achieve than steep cuts that might benefit.