Fed Interest Rate Cut 2024 Date. The fed will likely start cutting interest rates in september 2024, after inflation eases and jobs growth slows, according to morgan stanley analysts. The fed left its benchmark rate at 5.25% to 5.5% in july 2024, but said it could trim borrowing costs as soon as september if inflation slows.

Find out the latest u.s. Learn how the federal reserve adjusts the federal funds rate in response to the economy and major events.