Fed Interest Rate Cut 2024 November. Federal reserve would deliver successive 25 basis points (bps) interest rate cuts from nov. A federal reserve official said he was open to cutting interest rates by a quarter percentage point or standing pat at the central bank’s meeting next month depending on how.

Our expert contributors explain what the fed’s decision means for investors, businesses, job seekers, home buyers. Federal reserve will cut the federal funds rate by 25 basis points in both november and december, according to a strong majority of over 100 economists in a snap.