Fed Interest Rate Cuts 2024. In march 2020, these rates were 0% to 0.25% and 3.25%, respectively. The fed has been 'shaken' from its path by a softening labor market, and will deliver steeper rate cuts as a result, jpmorgan says.
Traders are now 100% certain the federal reserve will cut interest rates by september. The prime rate is 8.5%.
