Fed Lowering Interest Rates 2024 News. The federal reserve’s fight against inflation was going almost unbelievably well. The federal reserve on thursday made its second rate cut of this year, with the decision coming less than two.

7, according to all 111 economists in a reuters poll, with more than a 90%. With the federal reserve lowering interest rates, some borrowing costs have begun to ease — signs that loans may become cheaper in the near future.