Fed Rate Cuts 2024 November 2024. November 19, 2024 | originally published: More rate cuts are expected in 2025, though how many is up in the air because of the potential impacts of trump’s proposed policies, such as tax cuts, deregulation, stiff across.
That’s up from around 3.5% for much of last year. Federal reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.
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