BBCNEWS Asia July 5, 2024
among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far its been able to cool inflation without tipping the economy into a recession. thats called a soft landing and its buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22โyear high. when interest rates go down, it makes it cheaper for businesses and individuals to bo...
Source: archive.org