Central bank cuts interest rates, signals slower pace of reductions

The central bank cut interest rates by 0.25% but signaled a slower pace of reductions, and the market reacted with declines in the indices.

By the SpyStocks desk · 1y ago · 1 min read

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Good evening friends - the central bank is cutting interest rates by 0.25% as expected but signaling a slower pace of reductions going forward - the market is reacting with declines in the indices.

As we noted last night on Zoom - it's always wise to wait for the final reaction!

As certainty in the markets increases - the declines will moderate 🕯

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