Social economic analysis Current Affairs, GK & News
US Federal Reserve’s Rate Cut: Impact on India
The United States Federal Reserve has announced a quarter-percentage-point cut in interest rates. This was the first-rate cut in 11 years- the first since the global financial crisis broke in 2008. The rate cut marked a departure from the hawkish rate-hike trajectory of US Federal Reserve moving in the direction of bolstering the debt-laden American economy. ..
Topics: Economy • Fear of floating • Federal funds rate • Inflation • Interest rate • Interest Rates • International macroeconomics • Macroeconomics • Mathematical finance • Monetary Policy • Money • Social economic analysis • US Federal Reserve