Fed Cuts Interest Rates for Third Time in 2024

Federal Reserve cuts interest rates again in 2024 as inflation stalls. Explore the economic implications and expectations for fewer cuts in 2025.

A modern, sleek depiction of the Federal Reserve building surrounded by falling percentage symbols,
Fed Cuts Interest Rates for Third Time in 2024

The Federal Reserve has cut its benchmark interest rate for the third time in 2024 due to stalled inflation progress, with only two rate cuts projected for 2025.

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