Market Views: Top risk assets primed for US rate cut gains
Following the Federal Reserve's aggressive 50 basis point interest rate cut, we asked asset managers and analysts to identify three risk assets they believe could benefit from this decision.
The US Federal Reserve has taken its first step towards monetary easing by cutting interest rates by 50 basis points (bps), lowering the federal funds rate target range to 4.75%-5%.
This marks the first rate cut in over four years and comes as a surprise to many market observers who had anticipated a more modest 25 basis point reduction.
Fed chair Jerome Powell said the decision reflects the proactive approach the central bank is taking to support economic growth and mainta…
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