#240: Can economic resilience continue in the face of soaring interest rates?
Word on the Street
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Exploring the Impact of Interest Rates on Economic Resilience
The speakers discuss the decisions made by central banks around interest rates and how they have affected people's emotions and the financial markets, including the anticipation of a recession and the concept of a 'soft landing'. They also acknowledge the historical track records of deflating credit accesses resulting in recessions.
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