The US Federal Reserve cut its interest rate for the first time in four years. Here's how it may impact your investments.
What happened?
The US Federal Reserve (Fed) has finally cut its benchmark interest rate.
While the rate cut has been widely anticipated, I was eagerly awaiting to see if it would be a 0.25% or 0.5% rate cut.
The Fed decided to go big – and opted for a 0.5% rate cut in its first interest rate cut in four years.
Following the announcement, there was a lot of discussion in the Beansprout community today about how the rate cut may impact our investments.
Let us dive deeper to find out more about the Fed’s latest interest rate decision, and understand what this may mean for fixed deposits, T-bills, stocks and REITs.
What we learnt from the US Federal Reserve Rate Cut
#1 – Fed cuts interest rates by 0.50% as widely anticipated...