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The US Federal Reserve has finally delivered on a widely anticipated 25 basis point interest rate cut that will take its benchmark down to a target range of 4% to 4.25%, its lowest in nearly three years. Song Seng Wun, Economic Advisor at CGS International Securities, shares his perspective on its impact and what markets can look forward to.
Image Credit: Shutterstock.com
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The US Federal Reserve has finally delivered on a widely anticipated 25 basis point interest rate cut that will take its benchmark down to a target range of 4% to 4.25%, its lowest in nearly three years. Song Seng Wun, Economic Advisor at CGS International Securities, shares his perspective on its impact and what markets can look forward to.
Image Credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
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