The rate cut is good news for global stock markets, especially in the United States.
Since June 2019, the US stock market has started a continuous upward process, in the case of consumption, obviously because the Fed cut interest rates. The root of all this is that the Fed cut interest rates can greatly improve liquidity.
A large number of dollars have been saved from the banks and invested in other products with higher returns. The stock market has become the first choice for most funds. The ultimate goal of the Fed’s interest rate cut is to promote the growth of the US economy and even slow the recession of the US economy.
Under the influence of global economic integration, the Fed’s interest rate cut can be said to be positive for the global economy, which also provides the potential impetus for the stock market to rise.
