Meaning of “rate-cutting” in the English Dictionary


"rate-cutting" in Business English

See all translations

rate-cuttingnoun [ U ]

uk us

ECONOMICS, BANKING a decision by a central bank to reduce its main interest rate, usually to influence rates charged by other financial institutions:

Despite all the Fed's rate-cutting, mortgage rates still rose.

(Definition of “rate-cutting” from the Cambridge Business English Dictionary © Cambridge University Press)