Rate Cuts Return amid Cooling Inflation

Oct 2024
WGAWealthGroup

At the Federal Open Market Committee (FOMC) meeting in September 2024, the Federal Reserve (the Fed) cut interest rates by 50 basis points in the United States, marking the first time in four years that they’ve eased monetary policy. The decision was largely influenced by the positive progress toward the Fed’s goals of maximizing employment and maintaining price stability. The interest rate reduction brings new target range for interest rates to 4.75% to 5.0%. Download PDF

WGA Group October 2024 Newsletter Download

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