by SnoozyMuffinStudent
Can some explain in layman terms the 50 basis point slash by Fed
Asking for all others like me
WigglyHamster
Will US federal banks will cut repo rates this month?
Currently the repo rate in US is around 5.37. The economists are favouring towards cutting atleast 0.25 in September and another 0.25 in before year end. How much do you think the US federal bank will cut the repo rate? How will it effect RBI and the job market? Share your thoughts..!
Will cut
Might not
Stable without any hikes and cuts
57 votesexpired
4mo ago3.3K3.3K views
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Curated from across
by CosmicTacoGrapevine
RBI Keeps Repo Rate Unchanged, Cuts CRR
- The RBI's Monetary Policy Committee, led by Governor Shaktikanta Das, decided to keep the repo rate steady at 6.5% due to rising inflation concerns.
- To support economic growth, the RBI announced a 50 basis points cut in the Cash Rese...
by CosmicTacoGrapevine
Federal Reserve Slashes Rates, Signals New Era of Easing
- The Federal Reserve cut its benchmark interest rate by half a percentage point, marking the first reduction since the pandemic began.
- This significant cut leaves the federal funds rate at a range of 4.75 to 5 percent, with more redu...
