Interest Rate Cuts 2024 Usa. Interest rates currently stand at 5.25% to 5.5%. The federal reserve on thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation.
Economists who spoke to abc news offered forecasts of between one and three interest rate cuts by the end of 2024, depending on the course of inflation, unemployment and. After 75 basis points of rate cuts by the u.s.