What to expect from the US Fed's interest rate decision? | Republic Business

The US Federal Reserve is gearing up to announce its interest rate cut decision on September 18, following the conclusion of the two-day Federal Open Market Committee (FOMC) meeting. The highly anticipated decision will be revealed at 11:30 PM IST. But what does an interest rate cut mean for you? Lower interest rates often make borrowing cheaper, encouraging people to take out mortgages for homes, buy cars, or invest in home improvements. Additionally, it impacts businesses by making loans more affordable, stimulating economic growth. Stay tuned for the big announcement!