Fed Rate Cuts 2024 Reddit News. Inflation, which had cooled from its higher levels in recent years, rose by 2.6% in october, a small jump after the fed cut interest rates in september, according to cbs news. It is amazing how many people did not listen to the fed when they announce the possibility of rate cuts if certain measures/milestones were attained.
It is amazing how many people did not listen to the fed when they announce the possibility of rate cuts if certain measures/milestones were attained. Wall street traders have signaled for weeks that a september rate cut is a virtual certainty, according to data from the financial services company cme group.