---
title: A jumbo rate cut to start the easing cycle
description: "Here's a summary of the Federal Reserve’s decision:\n1. Interest rates cut by 50 bps for first time since 2020\n2. Rate cuts 2 more 25 basis point in 2024\n3. Fed governor Miki Bowman dissented in favour of a smaller 25 bps cut. It's the first dissent by a \"governor\" since 2005\n4. Gained \"greater confidence\" that inflation is moving to 2%\n5. Have an evolving outlook as \"carefully assess incoming data\"\n6. Rate cuts of 100 bps in 2025 and 50 bps of cuts in 2026"
---

[Fast food for thought](https://blog.syzgroup.com/fast-food-for-thought)

# [A jumbo rate cut to start the easing cycle](https://blog.syzgroup.com/fast-food-for-thought/a-jumbo-rate-cut-to-start-the-easing-cycle)

 Written by [Adrien Pichoud](https://blog.syzgroup.com/fast-food-for-thought/author/adrien-pichoud) | Sep 19, 2024, 1:45:30 PM

<https://blog.syzgroup.com/hubfs/Syz-Flash_2024-09-19.pdf?hsLang=en>

[View full post](https://blog.syzgroup.com/fast-food-for-thought/a-jumbo-rate-cut-to-start-the-easing-cycle)

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