Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
What is the US Fed rate cut, expected to shake up world markets?
short by Pragya Swastik / on Tuesday, 17 September, 2024
A rate cut by the US Federal Reserve, the first in over four years, is expected to shake up stock markets across the world this week. It's the interest rate that banks charge each other for overnight loans. A potential rate cut could lower borrowing costs, boosting consumer spending and business investment, and make equities more attractive than bonds.
read more at NDTV Profit