Fed Rate Cuts 2024 Novemberschnee. Morgan research expects the fed to cut rates by another 25 bp in december, with further cuts only taking place once per quarter in 2025. Wall street sees the central bank cutting interest rates on wednesday.
The federal reserve on thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. Fed cuts rates again the federal reserve cut interest rates by a quarter point, the second reduction this year.