• Sam Dickie: Fisher Funds expert on the US Federal Reserve cutting interest rates

  • Sep 19 2024
  • Length: 5 mins
  • Podcast

Sam Dickie: Fisher Funds expert on the US Federal Reserve cutting interest rates

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  • Summary

  • The US Federal Reserve surprised economists with its first interest rate cut in four years.

    Rates have gone down by 0.5 percent to about 4.8 percent - a significant shift after two years of high rates designed to tame inflation.

    Fisher Funds expert Sam Dickie says the markets responded well to this move after pricing in potential cuts.

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