Fed Rate Cuts 2024. The expected move by the u.s. Washington — the federal reserve approved its second consecutive interest rate cut thursday, moving at a less aggressive pace than before but continuing its efforts to.

The federal open market committee is most likely to cut interest rates again on december 18 to 4.25% to 4.5%, according to fixed income markets and the tone of two recent speeches from federal. See how the rate cuts could impact your monthly borrowing.