2024

Fed Rate Cuts 2024

Fed Rate Cuts 2024. The prime rate is 8.5%. The federal reserve cut interest rates on wednesday by half a percentage point.


Fed Rate Cuts 2024

That is down from a 3.2% increase in 2024 and an outsize 8.7% jump the previous year, reflecting an inflation. Williams said he expects the economy to grow by 2.25% to 2.5% this year and to average 2.25% growth over the following two years, with unemployment edging up to.

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