Moneycontrol's Sakshi Batra does a 3-Point Analysis of what the rate cut indicates and what's the outlook on the US economy going forward.
The US Federal Reserve opted for a third consecutive 25 bps policy rate cut on October 30. This is in line with a series of adjustments popularly compared to former chairman Alan Greenspan's attempt to calibrate economic growth in the US in the 1990s. The funds rate range now reads 1.5-1.75 percent.
Moneycontrol's Sakshi Batra does a 3-Point Analysis of what the rate cut indicates and what's the outlook on the US economy going forward.Watch the video for more.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.