Meaning of “rate-cutting” in the English Dictionary

business-english dictionary

"rate-cutting" in Business English

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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)