Gabbey Emmalee

Interest Rate Cuts 2024 Usa. Washington — the federal reserve lowered its key interest rate by a quarter percentage point thursday, its second straight rate cut amid easing inflation and a move set to. The federal reserve will lower interest rates by 25 basis points at each of the u.s.

In the face of slowing inflation and strong consumer spending, the federal reserve announced that it will keep the interest rate steady, holding the benchmark borrowing. Strong data may slow policy path;