Fed Rate Cuts 2024 Schedule Pdf

Fed Rate Cuts 2024 Schedule Pdf. The fed kept rates high for years, aiming to slow inflation to a 2% rate without pushing the economy into a recession. The central bank’s aim is to slow it to the 38% to 42% range by the end of the year, allowing it to start cutting the rate from its current level of 50%.

I n a move that was widely anticipated, the federal reserve has cut the federal funds rate by 0.25 percentage points, to a new target. Trump as its next president, and at a moment when the u.s.