Fed Meeting September 2024. The federal open market committee chose to lower its key overnight borrowing rate by a half percentage point, or 50 basis points, amid signs that. — the federal reserve will lower interest rates by 25 basis points at each of the u.s.
— the federal reserve on wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to. — the federal reserve is widely expected to cut its benchmark interest rate when it meets wednesday.