Emma Norina

What Is The Fed Prime Rate Today 2024 Date. Earlier in the year, most economists pegged the first rate cut of 2024 for the fed's march 20 meeting. The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that.

The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that. The fed on wednesday maintained the federal funds rate in a range of 5.25% to 5.5%.