Interest Rate Cut In September 2024

Interest Rate Cut In September 2024. Financial experts expect that the federal reserve will cut the federal funds rate in september, the first rate cut of 2024. Lower interest rates mean lower borrowing costs for consumers and.

The cme’s fedwatch tool forecasts that the federal funds rate will most likely end 2024 at 4.25% to 4.5%. The federal reserve will lower interest rates by 25 basis points at each of the u.s.