AI Evaluation Notes

Both the Federal Reserve and the European Central Bank implemented interest rate cuts by the end of September 2024. The Federal Reserve made a rate cut in September 2024, as indicated by sources mentioning it as the start of a series of cuts and explicitly referring to 'the Fed's September cut'. The European Central Bank also cut interest rates in September 2024. Therefore, the prediction of 'one interest rate cut' by the end of September 2024 was accurate.