According to Jinshi Data, the Federal Reserve announced the start of a rate cut cycle on September 19, lowering the federal funds rate by 50 basis points to 4.75%-5.00%. This is the first rate cut since March 2020.
According to Jinshi Data, the Federal Reserve announced the start of a rate cut cycle on September 19, lowering the federal funds rate by 50 basis points to 4.75%-5.00%. This is the first rate cut since March 2020.