Fed Rate Cut July 2024 Olympics. — a drop toward the 4.5% midpoint, where the central bank prefers to anchor them, will add impetus for its first rate cut since the height of the pandemic. — a weaker dollar means americans can buy less abroad.
— federal reserve chair jerome powell said on wednesday interest rates could be cut as soon as september if the u.s. Economist jan hatzius highlighted three reasons a rate cut makes.