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US Fed Likely To Cut Interest Rates For The First Time Since 2020: Here's Why It Is So Important
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Global corporates, markets, investors, traders and your average Jow or Ram, will look towards the wall street this week. On Wall Street this market participants’ focus will be on the US Federal Reserve's two day monetary policy meeting starting September 17. The US central bank is widely expected to slash interest rates for the first time since 2020. The Fed has kept its main interest rate at a two-decade high in hopes of slowing the economy enough to rein in high inflation.
This week, the Wall Street will also see updates on some crucial economic data such as US retail sales, home sales, and industrial production among others.
#fed #usa #fedreserve #jeromepowell #rbi #india #jobs #employment #trump #uselection #economy #russiaukrainewar #russia #ukraine #china #pboc
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Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.
Click here to download the Mint App
This week, the Wall Street will also see updates on some crucial economic data such as US retail sales, home sales, and industrial production among others.
#fed #usa #fedreserve #jeromepowell #rbi #india #jobs #employment #trump #uselection #economy #russiaukrainewar #russia #ukraine #china #pboc
Trying to understand how Mutual Funds can help optimise your portfolio? Stop right here! Check out 'Mutual Funds Demystified' - a new coffee table book from Mint, authored by Neil Borate & the Mint Money team.
Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.
Click here to download the Mint App
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