Will The Fed Cut Interest Rates In July 2024 Bangalore

Will The Fed Cut Interest Rates In July 2024 Bangalore. The federal reserve on wednesday cut interest rates by a half point, a bold move that it said was possible because it believes inflation is under control. Federal reserve officials signal one interest rate cut before end of 2024.

Is the fed considering dropping rates? The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that inflation was moderating and the labor.