Fed Interest Rates 2024 Chart By Month. Today, the fed funds target rate is 5.25% to. Fed's kashkari says 50 basis points rate cut was 'right decision' by reuters september 23, 20244:05 am pdtupdated 9 min ago

The fed cut rates at the its sixth meeting by 50 basis points on wednesday, september, 2024, to a target range of 4.75% to 5%.this is the first cut we’ve seen since 2020. Charts are generally updated at noon et the day following the.