Which is that high rates are helping the wealthiest Americans who are powering the economy's surprising growth and making it hard for the Fed to enact the rate cuts it wants.
The simplified theory behind raising and lowering interest rates is straightforward — lower rates help the economy grow faster, and higher rates slow the economy down. The last 18 months of US economic experience, however, make the second premise harder to accept right now.
"In terms of income, those making over $100K expressed the largest rise in confidence," Dana Peterson, chief economist at the Conference Board, said in a release. "On a six-month moving average basis, confidence continued to be highest among the youngest (under 35) and wealthiest (making over $100K) consumers."
↑なんだかなにがなんだか分からなくなってきましたねー
the wealthiest Americansというところを読んで、まずus_姉さんが思い浮かびました。
Which is that h…
2024/05/29 23:32
Which is that high rates are helping the wealthiest Americans who are powering the economy's surprising growth and making it hard for the Fed to enact the rate cuts it wants. The simplified theory behind raising and lowering interest rates is straightforward — lower rates help the economy grow faster, and higher rates slow the economy down. The last 18 months of US economic experience, however, make the second premise harder to accept right now. "In terms of income, those making over $100K expressed the largest rise in confidence," Dana Peterson, chief economist at the Conference Board, said in a release. "On a six-month moving average basis, confidence continued to be highest among the youngest (under 35) and wealthiest (making over $100K) consumers." ↑なんだかなにがなんだか分からなくなってきましたねー the wealthiest Americansというところを読んで、まずus_姉さんが思い浮かびました。