IMF Chief Warns of Risks to Emerging Markets with High US Interest Rates on Nostr: The Fed's Plan to Keep Interest Rates Higher for Longer and Its Impact on Consumer ...
The Fed's Plan to Keep Interest Rates Higher for Longer and Its Impact on Consumer Finances
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#dbe5a853 ver:0.35
The Fed plans to keep interest rates high due to elevated inflation, impacting consumer finances. Kevin O'Leary predicts no rate cuts this year, advising investors to adjust their strategies accordingly. Despite high rates, the US economy remains solid with no recession in sight, partly due to low mortgage rates. Economists are bewildered by the economy's resilience. The Fed's decision will maintain high mortgage, credit card, and auto loan rates, impacting consumer spending. Inflation remains above pre-pandemic levels. #Fed #InterestRates #ConsumerFinances #Inflation #Economy...
#newstr #FederalReserve #InterestRates #ConsumerSpending
https://here.news/story/dbe5a853?ver=0.35
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#dbe5a853 ver:0.35
The Fed plans to keep interest rates high due to elevated inflation, impacting consumer finances. Kevin O'Leary predicts no rate cuts this year, advising investors to adjust their strategies accordingly. Despite high rates, the US economy remains solid with no recession in sight, partly due to low mortgage rates. Economists are bewildered by the economy's resilience. The Fed's decision will maintain high mortgage, credit card, and auto loan rates, impacting consumer spending. Inflation remains above pre-pandemic levels. #Fed #InterestRates #ConsumerFinances #Inflation #Economy...
#newstr #FederalReserve #InterestRates #ConsumerSpending
https://here.news/story/dbe5a853?ver=0.35