Fed Rate Cuts 2024 Schedule November. At the september 2024 federal open market committee (fomc) meeting, the federal reserve (fed) lowered interest rates by 50 basis points, easing monetary policy for the first time in four. We now expect the fed to cut rates by 25bp at both the november and december meetings, followed by four more 25bp cuts through 2025, with rates being lowered.

Federal reserve will cut the federal funds rate by 25 basis points in both november and december, according to a strong majority of over 100 economists in a snap reuters poll. Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years.