Fed Cut Rates 2024 Today. The federal reserve will lower interest rates by 25 basis points at each of the u.s. A homeowner with a $400,000 mortgage could save about $400 a month by refinancing into a loan at today's rate of.
Central bank’s three remaining policy meetings in 2024, according to a majority. Wednesday’s rate cut is the fed’s first since 2020, but it won’t be the last.