Fed Rate Cut 2024 Time Uk. The us central bank lowered interest rates for the first time in four years on wednesday. The bank of england's rate decision, due later today, will be closely watched as the bank is set to maintain the policy rate at 5%, compared with the fed's new range of 4.75%.
The much anticipated move will influence mortgages, credit card and. The us central bank lowered interest rates for the first time in four years on wednesday.
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