Will The Fed Cut Interest Rates In May 2024. This may start with a cut on september 18, perhaps followed by one or two more at november or. 'the time has come' to lower interest rates:


Will The Fed Cut Interest Rates In May 2024

During its may meeting, the federal reserve unanimously voted to hold policy rates steady for the sixth consecutive time, leaving the federal funds target rate unchanged at 5.25% to 5.5%. 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%.

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