Us Fed Rate Cuts 2024 Tacoma. The federal reserve cut interest rates on wednesday by half a percentage point. While it remains to be seen how many more rate cuts will occur, the consensus appears to be.
Most notably, the updated dot plot showed that the median fed member expectation for the federal funds rate implies three 25 basis point [0.25%] interest rate cuts by. The federal reserveadjusts the federal funds target rate range in response to what’s happening in the economy.