Business / Economics

September Sees Global Interest Rate Cuts to Stimulate Economic Growth

today24 October, 2024

Background

September was a significant month in the global financial landscape, with major economies such as the United States, European Union, China, South Africa, and Namibia implementing interest rate reductions. These cuts came after a prolonged period of low economic growth and were largely anticipated by markets as a strategy to stimulate economic activity and lower borrowing costs. Almandro Jansen: Simonis Storm Economist.

 

Written by: Leonard Witbeen