How Many Rate Cuts Will The Fed Make.In 2025. The recent rate cut took the target range of the benchmark federal funds rate from 5.25% to 5.5% to 4.75% to 5.0%. During this time, money market account rates were typically around 0.10% to 0.50%,.
When trump was inaugurated for the first time, in january of 2017, inflation was at 2.5 per cent, and in the ensuing five months it fell to 1.6 per cent, below the fedโs target rate. Federal reserve officials made their third and final rate cut of 2024 at their meeting on wednesday.
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