🚨 FED Decision 🚀🚀🚀
The Fed's interest rate decision has been announced. The statement that the markets have been waiting for for days has come. Everyone "Will the Fed cut interest rates or keep it steady?" While looking for an answer to the question, the Fed's decision was announced.
The US Federal Reserve has made a first since 2020 and cut the interest rate of 50 basis points.
The US Federal Reserve has made a first since 2020 and cut interest rates of 50 basis points and reduced it from 5.50 percent to 5 percent.
The expectations of the markets were to reduce the policy interest rate by 25 basis points.
The Fed recently decided to cut an emergency interest rate twice in March 2020 due to increasing concerns about the economic effects of the Covid-19 pandemic.
Fed Chairman Jerome Powell gave the message that it was time to adjust monetary policy in a statement at the Jackson Hole meeting last month. This message was perceived that the Fed would start the relaxation cycle at the September meeting.
