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Global Rate Slashing. What Is a Rate Cut?

Global Rate Slashing. What Is a Rate Cut?

Reduction of Interest Banks use interest rate adjustments to change the financial method of cash flow. When the bank cuts interest rates, the income from depositing funds in the bank decreases. Therefore, the interest rate cut will cause f...

Reduce Output And Price, Now Is The End Of OPEC?

Reduce Output And Price, Now Is The End Of OPEC?

Since the outbreak of COVID-19 in 2020, the global economy has entered a recession, with gold soaring, stock markets tumbling, and oil prices plummeting. Saudi Arabia cut pricing for oil sales to Asia and the U.S. for October shipments...

How to Invest With Dollar Devaluation

How to Invest With Dollar Devaluation

President Trump tested positive for Covid-19 as the election approaches. Investors must brace for a turbulent October in the market. The U.S. dollar devaluated recently, and the market is still in a bit of a risk-on mood right now. ...