This chapter explores the effects of reduced interest rates on the economy, emphasizing how it may boost startup growth and venture capital investment. It also examines the broader implications of U.S. monetary policy changes on global economies and their potential for job creation in key sectors.
The Federal Reserve announced a highly anticipated rate cut of half a percentage point today — larger than many watchers anticipated. Which industries and companies will feel this interest rate cut the most, and what will it mean for everyday consumers?
Bloomberg’s Enda Curran joins host Sarah Holder to talk about what effects we can expect to see as the rate cut ripples through the US economy and the world — and hits our wallets.
Read more: Rent Is the Stubborn Part of the Inflation Story
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