Tuesday, 02 January 2024 12:17 GMT

Azerbaijan Eyes Capital Inflows Following Fed Policy Shift


(MENAFN- AzerNews)

In a move that signals a strategic pivot toward economic stimulation, the Federal Reserve has lowered its benchmark interest rate by 25 basis points, bringing the federal funds rate to a range of 3.75%–4%. While the decision was widely anticipated amid signs of slowing momentum in key sectors, its ripple effects are poised to extend far beyond US borders. For the global economy, and particularly for emerging markets like Azerbaijan, the Fed's dovish stance presents a window of opportunity to recalibrate growth trajectories and attract capital inflows.

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