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Economy/Business / Re: Fed holds interest rates steady as 2024 cut gets more elusive
« Last post by DefiantMassRINO on Today at 06:57:36 pm »increasing rates = bank failures, increased cost of servicing Federal Debt
decreasing rates = more inflation, more devlauation of the Dollar
Looks like the Fed's quiver has run out of arrows.
Federal Government, Executive and Legislative, will need to change Government Policy to encourage supply-side economic growth to drive down prices.
decreasing rates = more inflation, more devlauation of the Dollar
Looks like the Fed's quiver has run out of arrows.
Federal Government, Executive and Legislative, will need to change Government Policy to encourage supply-side economic growth to drive down prices.