Global Market: Strong action in global markets, preparation to cut interest rates
Zee Business Video Team | Updated: August 1, 2024 11:54 AM IST
Strong action in global markets. Preparation to cut interest rates. US Fed hints at reducing rates in September. The first cut in interest rates will not be of 0.5%. Inflation is falling towards the target of 2%. The economic situation and unemployment are being monitored. Further rate cuts depend on economic data. More than 60% of experts expect 2 rate cuts this year. Some experts also expect 3 rate cuts.
