The global economy took a significant turn overnight as the US Federal Reserve reduced its interest rates by half a percentage point. This decision, long anticipated by many market watchers, signals confidence from the Fed that inflation is on a downward trajectory. But what does this rate cut mean for Australia? Could it pressure the Reserve Bank of Australia (RBA) […]
19
Sep 2024
- Amit Jadonn
- News & Insights
- Comments Off on Why is the US Cutting Interest Rates? What Could It Mean for Australia?
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