source: https://thefinance.sg/2024/09/26/smart-thought-of-the-week-doubts/
So, the Federal Reserve has decided to cut interest rates by half a percent or 50 basis points to 5%. It was a lot more than most people were expecting. That should delight the market, shouldn’t it? After all, a bigger-than-expected weight has been lifted off stock markets around the world. An even bigger burden […]