Why rate cuts by the U.S. Federal Reserve matter to world markets

When the U.S. Federal Reserve cuts interest rates on September 18, 2024, its first in four years, the move will resonate well beyond the United States; global investors and interest rate-setters are looking for a steer from the Federal Reserve and are pinning hopes on an economic soft landing.

Why rate cuts by the U.S. Federal Reserve matter to world markets
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When the U.S. Federal Reserve cuts interest rates on September 18, 2024, its first in four years, the move will resonate well beyond the United States; global investors and interest rate-setters are looking for a steer from the Federal Reserve and are pinning hopes on an economic soft landing.