Fed Rate Cut 2024 Dates Usa. This era began to change in september 18, 2024 when the federal reserve cut the federal funds rate by 50 basis points to a range of 4.75% to 5.00%. Fed to kick off rate cuts, signal next steps.

Fed to kick off rate cuts, signal next steps. After raising its key interest rate for nearly two years to tamp down growth and rising prices, economists expected the fed to cut the rate to bring it more in line with slowing.