Fed Cuts Rates: December and 2024 Reductions

The Federal Reserve slashed its benchmark rate by 0.25% in December, totaling a 1% cut over the last three meetings of 2024. Discover more about these economic shifts.

A sleek and modern illustration of a downward trending graph with the Federal Reserve building in th
Fed Cuts Rates: December and 2024 Reductions

The Fed cut its benchmark policy rate by a quarter of a percentage point in December and a full percentage point over the last three meetings of 2024.

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