Fed Rate Cuts 2024 Dates Reddit. It looks like with rate cuts may come increases in inflation and the fed may wind up being handcuffed on lowering rates at some point. The fed’s policy rate is now set at 5.3 percent, a high level that economists think is tapping the brakes on economic growth.

The federal reserve cut interest rates on wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the fed chair, jerome h.