Global markets are awaiting the US Federal Reserve's interest rate decision in 4 days, Wednesday 18th.
Expectations so far 👇:-
50% indicate a 25-point reduction
50% indicate a 50-point reduction
Current interest rate: 5.5%
Reducing interest rates pushes individuals and companies to withdraw their savings from banks and pump them into the markets,
Because interest rates have decreased and will not benefit much, in addition to encouraging companies and individuals to borrow due to the low interest rate, so that this cash liquidity can be pumped into various projects.