Fed Lowering Interest Rates 2024 Pdf. The fed reserve is likely to cut interest rates by 25 basis points (0.25%) in september 2024. Just as the fed raised interest rates gradually throughout.
The current average credit card interest rate is 23.18% for new offers and 21.51% for existing accounts, according to wallethub’s august. In fact, late last year, the fed began signaling it would cut interest rates in 2024.