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Can the Fed's emergency rate cut stimulate the weak lubricants market?

October 10, 2024
Can the Fed's emergency rate cut stimulate the weak lubricants market?
 
In September 2024, the Federal Reserve announced a policy change that caught the attention of the market - the target range of the federal funds rate was lowered by 50 basis points, which was the first significant rate cut in four years. This decision not only triggered a chain reaction in the global financial market, but also had a profound impact on the lubricant market in China and even the world. This article will explore whether the Federal Reserve's emergency interest rate cut can stimulate the current weak lubricant market, and the potential impact of this policy adjustment on the recovery of the manufacturing and logistics industries, and analyze whether the recovery of these industries can lead to the recovery of lubricant demand.
 
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