Fed Rate Cuts 2024 Dates June. The new york stock exchange is shown on tuesday, june 11, 2024. Chair jerome powell also affirmed his.
The federal reserve cut interest rates by a quarter point thursday on the heels of the us presidential election earlier this week. Gdp for 2024 was lowered slightly to 1.4% from 1.5%, while the unemployment rate is seen rising to 4.1% in 2024 from its present 3.7% rate and continuing at that level in.