Fed Rate Cuts 2024 News Today. The fed cut the federal funds rate on november 7 by 0.25%, targeting a range between 4.5% and 4.75%. Trump as its next president, and at a moment when the u.s.

Today, the federal open market committee decided to reduce the degree of policy restraint by lowering. The interest rate cut of 0.25% was expected, and it is likely to be.