šØ Important
The 4% that hits the US citizenās pocket from within
The recent rise in interest rates to the 3.75%ā4.00% range by the Federal Reserve has direct and far-reaching consequences that act like a handbrake on the U.S. economy. By making money more expensive, the Fed is trying to cool an economy thatās ātoo hotā in order to fight inflation.
š Negative Consequences
1. Higher cost of consumer credit
2. Impact on the real estate market
3. Reduced business investment
4. Increase in the cost of public debt
š Positive Consequences
1. Inflation control
2. Direct benefit for savers
3. Strengthening of the dollar
$SOL
The 4% that hits the US citizenās pocket from within
The recent rise in interest rates to the 3.75%ā4.00% range by the Federal Reserve has direct and far-reaching consequences that act like a handbrake on the U.S. economy. By making money more expensive, the Fed is trying to cool an economy thatās ātoo hotā in order to fight inflation.
š Negative Consequences
1. Higher cost of consumer credit
2. Impact on the real estate market
3. Reduced business investment
4. Increase in the cost of public debt
š Positive Consequences
1. Inflation control
2. Direct benefit for savers
3. Strengthening of the dollar
$SOL
