Us Fed Rate Cut 2024 Olympics. By keeping interest rates elevated, the fed hopes to reduce consumer demand for goods and services — and in turn slow price. Now that inflation has slowed substantially and is expected.

Amid calls from some legislators for the us federal reserve to cut interest rates, the central bank’s federal open market committee (fomc) announced on june 12 that it would keep rates unchanged despite a recent easing in inflation pressures. Archery — women’s team bronze and gold medal matches — 4:48 p.m.