Fed Lowering Interest Rates 2024 News . September 13, 2024 at 7:00 am edt. The central bank emphasized the softening job market, reinforcing expectations that it could.
Washington (ap) โ the sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down. The federal reserve left its benchmark interest rate unchanged at 5.25% to 5.5% and projected only one rate cut in 2024, down from three earlier.
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