The Federal Reserve has announced a cut in interest rates by half a percent. The cut in rates has been done as per the market estimates. Earlier, the market was expecting a quarter percent cut. However, as the meeting time came closer, a cut of half a percent was being estimated. The positive effect of the cut in rates is being seen in the American market. With the announcement, the American markets have seen a rise.

How was the US market- US markets have seen a rise after the announcement of rate cuts. Nasdaq recorded a rise of about one percent while S&P 500 saw a rise of more than half a percent. (US federal rate cut impact: Now these stocks will be directly affected after the reduction in interest rates in America)

Reuters report quoted experts as saying that the Fed's confidence about the inflation rate being under control along with the half percent cut and further half percent cut in 2024 has been very positive for the market. The rise in US markets after the Federal Reserve's decision has had a positive impact on Asian and European markets going forward. (Fed Rate Cut Impact: Now what will be the impact on gold-silver and Indian rupee due to reduction in interest rates by 0.5%) What will be the impact on Indian stock market-