The US Federal Reserve has finally delivered on a widely anticipated 25 basis point interest rate cut that will take its benchmark down to a target range of 4% to 4.25%, its lowest in nearly three years. Song Seng Wun, Economic Advisor at CGS International Securities, shares his perspective on its impact and what markets can look forward to.

Image Credit: Shutterstock.com

Produced by: Natalie Tan

Presented by: Shazana Mokhtar, Keith Kam

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Categories:  markets,  economy,  politics,  international

Tags:  politicisation,  fed rate cut,  job market,  inflation,  data dependent,