Will The Fed Cut Interest Rates In July 2024

Will The Fed Cut Interest Rates In July 2024. Washington cnn — it’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020. The unemployment rate also ticked down in.

That was the first dissent from a fed governor since 2005. While officials are expected to maintain the benchmark interest rate at the comparatively high 5.25% to 5.5% range approved in july of 2023, further progress on.