Us Fed Rate Cut 2024. Stocks finished lower after the federal reserve voted to cut interest rates by 0.5 percentage point, opting for a more aggressive reduction than investors had. Policymakers see another 50 basis points of cuts in 2024;

The federal reserve will lower interest rates by 25 basis points at each of the u.s. A half point cut in the rate on a $400,000 mortgage saves the borrower about $100 a month.