4min chapter

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Bloomberg Wall Street Week: November 24th 2023

Wall Street Week

CHAPTER

The Impact of Interest Rates and the Effectiveness of Rate Hikes

This chapter discusses the impact of interest rates on the economy and questions the effectiveness of rate hikes. It examines factors such as the length of time rates are high enough and the terming out of corporate and household debt, while also considering the shifting dynamics of interest rates' effects on the economy.

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