ANALYSIS: The impact of the Federal rate cut on the housing market

SINGAPORE (EDGEPROP) – Last month, the Federal Reserve cut its interest rates by 50 basis points, bringing the key lending rate to 4.75% to 5%. The last time the Federal Reserve cut its rate was in March 2020, when it reduced the rate by 100 basis points to 0% to 0.25%. Since then, the rate […]