Fed Rate Cut 2024. The federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their. Michael reid, the us economist at rbc capital markets, says the fed is still on.

Economy stands on the brink of change. The federal reserve cut interest rates on wednesday by half a percentage point, an unusually large move and a clear signal that central bankers think they are winning their.