Monthly Archives: September 2024

Federal Reserve Interest Rate Cuts: A Shift in Economic Strategy

Market Memo

September 2024 – By Scott Rosenquist CFA®

The Federal Reserve lowered interest rates last week by a half percentage point in a much-anticipated pivot after holding rates steady since last July. There was debate going into the meeting on the size of the cut and the Fed opted for a larger-than-normal cut to start this rate-cutting cycle.

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