Fed Rate Cut News 2024 Date And Time In India Today. The us federal reserve is expected to announce its first interest rate cut in over four years on wednesday after the federal open market committee (fomc) meeting. Against this background, the fed will likely cut the fed funds rate again, probably by 25 bps, said joseph thomas, the head of research at emkay wealth.

The us federal reserve voted to keep. The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020.