Fed Rate Cut September 2024 News. The federal reserve is widely expected to cut its benchmark interest rate when it meets wednesday. With the last traces of the global inflation shockfading, the shift toward lower borrowing costs is about to maintain.

The federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are. The federal reserve will lower interest rates by 25 basis points at each of the u.s.