Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

US rates slashed to buoy economy

Staff Reporter 1 minute read

The Federal Reserve has cut rates by 25 basis points to 4.5 per cent in response to fears of a slowing US economy.

The US property market slump and “disruptions in financial markets” were highlighted as key concerns by the Federal Reserve, with the Federal Open Market Committee judging that following the rate cut “the upside risks to inflation roughly balance the downside risks to growth”.

 

US rates slashed to buoy economy
default
TheAdviser logo

If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Early bird tickets are on sale now. Work smarter, not harder, this year.

default

 

more from the adviser
Michael Russell MoneyQuest Brokerage head calls out ‘unacceptable’ turnaround delays

It is “unacceptable” that turnaround times in branches can be...

gentlmen handshake Ex-Time Home Loans director partners with AFG

The aggregator has partnered with former Time Home Loans director...

farmer ta 34% of farmers eyeing raised business investment

Roughly one-third of Australian farmers expect to increase their ...