Us Fed Rate Cut 2024 Forecast India Today Us. This is the first time the fed has reduced rates since 2020, and it has been. Morgan research expects the fed to cut rates by another 50 bp at its next meeting in early november.

Potential benefits for infosys, tech mahindra, wipro. The us federal reserve cut its benchmark interest rate by an unexpected 50 basis points (bps) on wednesday, a move that caught many by surprise.