Daisey Erminia

Fed Cut Interest Rates 2024 Dates. Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years. The federal reserve cut interest rates on wednesday by half a percentage point.

The federal reserve cut interest rates on wednesday by half a percentage point. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020.