the central bank of us , the federal reserve bank cut rates by 50 basis points on sep 18 2024
usa stock indices , india stock indices and the other indices the world over rally – shoot up
as expected , gold and silver also go up
us dollar index falls – anything that is measured in us dollar – shot up – this includes the crypto currencies like bitcoin and ether.
home loans in the usa will get cheaper and it will help the economy now
the next federal reserve meeting is in Nov 2024 – will the fed. cut by 50 basis points again – let’s see ..
now that the rate cut cycle has begun , the stock markets around the world are likely to rally …
