Kitty Michele

Fed Rate Cut Chances In 2024 Olympics. The federal reserve will lower interest rates by 25 basis points at each of the u.s. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in june, when they last released.

The federal reserve will lower interest rates by 25 basis points at each of the u.s. The widespread expectation is for a cut of 0.25 percentage point, or 25 basis points, to benchmark rates from the current range of 5.25% to 5.5%.