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2024-10-17 04:39:04

Financial Times on Nostr: US economic growth is strong — so why cut rates? ========== US economic growth ...

US economic growth is strong — so why cut rates?
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US economic growth remains robust; calls for rate cuts are prevalent despite lack of empirical support for their benefits; low rates can lead to negative consequences such as corporate consolidation, wealth inequality, low productivity, and increased leverage; Sheila Bair emphasizes the need for caution regarding rate cuts.

#UsEconomy #InterestRates #EconomicGrowth #SheilaBair #FinancialPolicy #CorporateConsolidation #WealthInequality #Productivity #Leverage #2024

https://www.ft.com/content/b9d5bf73-5156-4a01-a8b8-fc13f168b7fc
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