Joli Rowena

Fed Rate Cut July 2024 Announcement. The federal reserve is keeping interest rates at their current levels and projecting just one rate cut this year, the central bank announced wednesday. Washington cnn — the federal reserve gave an important clue wednesday that it will likely cut its benchmark lending rate in the coming months.

At 2:01 pm wednesday, right after the announcement that the fed had cut. 9:30am to 4pm et, sept.