{"id":137462,"date":"2024-09-18T21:00:44","date_gmt":"2024-09-18T18:00:44","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137462"},"modified":"2024-09-18T21:00:52","modified_gmt":"2024-09-18T18:00:52","slug":"breaking-federal-reserve-finally-cut-interest-rates","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/breaking-federal-reserve-finally-cut-interest-rates\/","title":{"rendered":"BREAKING: Federal Reserve Finally Cut Interest Rates"},"content":{"rendered":"
During their two day meeting, the Federal Reserve announced a 0.50% interest rate cut – the first one in the past 4 years.<\/p>\n
Up until now, the benchmark rate stood at its highest point in 23 years, after the central bank introduced a flurry of rate hikes to tame the pandemic’s high inflation.<\/p>\n
The views on the potential consequences of this rate cut however are mixed. There is a debate going on about whether this cut will have a negative or positive impact on different markets.<\/p>\n