Analysts pointed out that the Federal Reserve cut interest rates by 25 basis points for the third time in a row, lowering the policy interest rate to about 3.6%, and indicated that it may suspend interest rate cuts to evaluate new data. The impact of this rate cut on floating interest rate credit will be more obvious than on long-term mortgages.

Analysts pointed out that the Federal Reserve cut interest rates by 25 basis points for the third time in a row, lowering the policy interest rate to about 3.6%, and indicated that it may suspend interest rate cuts to evaluate new data. The impact of this rate cut on floating interest rate credit will be more obvious than on long-term mortgages.