Aidan Rosalie

Fed Cut Interest Rates 2024. Jr younathan, senior vice president and california state production manager at california bank & trust, says the fed might cut rates by.50% by the end of the year. Federal reserve officials left interest rates unchanged in their june decision and predicted that they will cut borrowing costs just once before the end of 2024, a sign.

Fed officials have held interest rates at 5.3 percent since july, after raising them sharply from near zero starting in march 2022. But as of wednesday, only 1 in 10 continued to forecast a.