Fed Cut Interest Rates 2024 Dates. The federal reserve cut interest rates by a quarter point thursday on the heels of the us presidential election earlier this week. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.
It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020. Meanwhile, interest rate futures signal a 48% chance that the fed will cut interest rates to the 4.75% to 5% range in november, and a 45% chance that rates will come down to.