There are 3 days left until the Federal Reserve holds its interest rate meeting. This month, it is highly likely that there will be another 25 basis point rate cut. Right now, except for Japan which is raising rates, the rest of the world is cutting rates. Within China, we should see interest rates below 3% next year. Those with mortgages or car loans will be able to pay less interest again.
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There are 3 days left until the Federal Reserve holds its interest rate meeting. This month, it is highly likely that there will be another 25 basis point rate cut. Right now, except for Japan which is raising rates, the rest of the world is cutting rates. Within China, we should see interest rates below 3% next year. Those with mortgages or car loans will be able to pay less interest again.