Executive Summary
This report provides a comprehensive analysis of the potential repercussions of a central bank cutting interest rates. Lowering interest rates is a significant monetary policy tool that aims to stimulate economic activity by reducing borrowing costs for consumers and businesses. This analysis explores the multifaceted impacts of such a decision, including the typical macroeconomic effects, the influence on borrowing costs for various sectors, the potential impact on inflation, the reaction of the stock market and asset prices, the prospects for economic growth and job creation, expert opinions on the matter, the risks associated with cutting rates in a potentially strong economy, and alternative scenarios should the central bank choose not to lower rates. The findings underscore the complexity of monetary policy decisions and the need for careful consideration of the prevailing economic conditions and potential unintended consequences.
Introduction: The Role of Interest Rates in the Economy
Central bank interest rates serve as a fundamental instrument in the arsenal of monetary policy, wielding considerable influence over the trajectory of economic activity 1. By adjusting these rates, central banks aim to manage inflation, promote maximum employment, and foster sustainable economic growth. Lowering interest rates is generally intended to decrease the cost of borrowing, thereby incentivizing businesses to undertake investments and consumers to make purchases 1. This action is predicated on the theory that reduced borrowing costs will spur economic activity and ultimately lead to growth.
The decision to consider cutting interest rates often arises in specific economic contexts. While the provided research material does not detail the exact current economic climate, it generally suggests a period where central banks have been focused on combating inflation, potentially through a cycle of interest rate hikes 1. Following such a period, if inflation shows signs of moderating or if economic growth begins to slow, central banks might contemplate easing monetary policy by reducing interest rates. This report seeks to fulfill the user's query by thoroughly investigating the diverse repercussions of such a policy shift, drawing upon the provided research material to offer an expert-level analysis.
Typical Macroeconomic Effects of Interest Rate Cuts
The primary objective of cutting interest rates is to reduce the expense of borrowing, thereby encouraging both individuals and companies to invest and spend more freely 1. This intended effect operates through several key transmission mechanisms that ripple across the economy 3. The most direct is the interest rate channel, where lower policy rates translate to reduced borrowing costs for various types of loans, from mortgages and car loans to business investments. This encourages greater demand for credit and subsequently fuels spending and investment.
Furthermore, interest rate changes can impact the balance sheet channel. Lower rates may increase the net worth of businesses and individuals, making it easier for them to qualify for loans at any given interest rate, thus further stimulating spending and reducing price pressures 3. The bank lending channel is also affected, as lower rates can make banks more profitable and thus more willing to extend credit 3. Additionally, the exchange rate channel plays a role; lower rates can lead to a depreciation of the domestic currency, making exports cheaper and imports more expensive, potentially boosting net exports and GDP 3. Finally, the expectations channel is crucial, as communicated rate cuts can influence public perception about future inflation, which in turn affects wage and price contracts 3.
A fundamental consequence of lower interest rates is their inverse relationship with bond prices 1. When interest rates decrease, the yields on existing bonds become more attractive relative to newly issued bonds with lower yields. Consequently, the demand for these existing bonds rises, pushing their prices upward. This makes them less appealing to new investors seeking higher returns.
Moreover, lower interest rates typically lead to reduced returns on traditional savings vehicles such as bank accounts and certificates of deposit (CDs) 1. This can diminish the incentive for saving and may prompt investors to seek higher yields in riskier assets like high-yield bonds, dividend-paying stocks, or real estate investments 1. However, it is important to note that the effectiveness of interest rate cuts is not guaranteed and can be influenced by a multitude of factors, including consumer and business confidence, the prevailing economic climate, and global economic conditions 3.
Impact on Consumer and Business Borrowing Costs
Mortgage Rates and the Housing Market
Central bank rate cuts typically exert downward pressure on mortgage rates, influencing both fixed-rate and adjustable-rate mortgages (ARMs) 1. For first-time homebuyers, lower rates can translate to increased borrowing power, potentially enabling them to qualify for larger mortgages and making homeownership more attainable 8. Existing homeowners with ARMs may see an immediate reduction in their monthly payments as their interest rates adjust downwards 6. Furthermore, homeowners with existing fixed-rate mortgages originated when rates were higher might find it advantageous to refinance their loans at the new, lower rates, leading to significant reductions in monthly payments and overall interest expenses over the loan's lifespan 8.
However, the potential benefits of lower mortgage rates for affordability can be partially offset by increased competition in the housing market 8. As borrowing becomes cheaper, more potential buyers may enter the market or become capable of affording more expensive homes. This surge in demand can lead to bidding wars and ultimately drive up housing prices, potentially negating some of the savings from lower interest rates 8.
To illustrate the potential impact, consider the following scenarios:
Note: These are hypothetical examples for a $300,000 loan.
Auto Loan Rates and Vehicle Purchases
Similar to mortgages, lower central bank rates are generally followed by a decline in auto loan rates 13. This reduction in borrowing costs directly impacts the affordability of vehicles, leading to lower monthly payments for consumers 13. For individuals who were previously deterred from purchasing a car due to high interest rates, a rate cut could provide the necessary incentive to proceed with their purchase, thereby potentially boosting the automotive industry 9. New car buyers typically see the benefits of these lower rates relatively quickly, while the impact on used car loan rates might experience a slight delay 13.
It is important for consumers to remember that while lower interest rates make borrowing cheaper, the actual rate they receive is also influenced by their credit score, the term of the loan, and the size of their down payment 13. Furthermore, even with lower interest rates, opting for a longer loan term to achieve a lower monthly payment can result in paying a greater amount of interest over the entire loan period 17.
Business Investment Loans and Capital Expenditure
For businesses, lower interest rates translate to a reduced cost of capital, making it more attractive to borrow funds for various purposes, including investments in equipment, technology upgrades, and infrastructure expansion 1. This can lead to increased capital expenditure, which in turn can enhance productivity, foster innovation, and ultimately contribute to economic growth 2. Lower borrowing costs can also improve a company's profitability, and the prospect of increased investment can positively influence investor sentiment, potentially leading to higher stock prices 1. Businesses with adjustable-rate loans will likely experience an immediate decrease in their interest payments, providing a direct boost to their bottom line 19. Companies with fixed-rate loans might consider refinancing to take advantage of the lower rate environment 19. Additionally, the reduced cost of borrowing can make mergers and acquisitions more appealing for businesses seeking growth opportunities 24.
Credit Card Interest Rates and Consumer Debt
Many credit cards, particularly those with variable interest rates, have their rates linked to the prime rate, which typically moves in close alignment with the central bank's target rate 1. Consequently, a cut in interest rates by the central bank usually leads to lower interest charges for consumers holding these variable-rate credit cards 1. However, consumers with credit cards that have fixed interest rates are unlikely to see any change in their rates as a result of a central bank action 6. While a rate cut can offer some relief to consumers with credit card debt, the actual reduction in monthly payments might be modest, especially for those carrying substantial balances at high interest rates 16. It is also possible that lower interest rates could encourage more borrowing on credit cards, potentially leading to an increase in overall consumer debt if spending is not managed prudently 6.
Interest Rate Cuts and Inflationary Pressures
The conventional economic understanding posits an inverse relationship between interest rates and inflation 1. Lowering interest rates can increase the supply of money in the economy and encourage greater spending by both consumers and businesses. If this increased demand outstrips the available supply of goods and services, it can lead to upward pressure on prices, resulting in higher inflation. Therefore, the potential for interest rate cuts to exacerbate inflation is a critical consideration, particularly in the context of prevailing inflation levels and the rate of economic growth 5. If the economy is already exhibiting strong growth and inflation is above the central bank's target, cutting rates could further fuel inflationary pressures, potentially leading to an overheating economy 5.
The presence of external factors, such as tariffs, can further complicate the inflation outlook 7. Tariffs, by increasing the cost of imported goods, can directly contribute to higher inflation. In such a scenario, cutting interest rates could amplify these existing inflationary pressures, making it more challenging for the central bank to achieve its target inflation rate 7. Most central banks, including the Federal Reserve, typically aim for an inflation rate of around 2% 5. Cutting interest rates when inflation is already above this target could risk undermining the central bank's credibility and its commitment to maintaining price stability 5.
Effects on the Stock Market and Asset Prices
Lower interest rates generally exert a positive influence on the stock market and asset prices 1. Reduced borrowing costs can encourage both consumer and business spending, leading to improved corporate profitability, which in turn can boost stock prices. Furthermore, lower interest rates decrease the discount rate used to calculate the present value of future earnings, making stocks appear more attractive to investors 5.
The impact of interest rate cuts can vary across different sectors of the stock market 5. Sectors that are particularly sensitive to borrowing costs, such as real estate and utilities, often experience gains when interest rates fall. Conversely, the financial sector, particularly banks, might see a reduction in profitability due to lower net interest margins on loans 5.
In the bond market, interest rates and bond prices have an inverse relationship 1. When interest rates are cut, the prices of existing bonds tend to rise, while the yields on newly issued bonds decrease. This can make previously issued bonds with higher yields more appealing to investors.
However, prolonged periods of low interest rates can also contribute to the formation of asset bubbles in markets such as real estate and stocks 21. The easy availability of cheap credit can encourage excessive borrowing and investment, potentially leading to unsustainable increases in asset prices that are not supported by underlying economic fundamentals. The stock market's response to interest rate cuts is not always uniformly positive and can depend on the underlying reasons for the cuts 35. If rate reductions are perceived as a necessary measure to address a weakening economy, investors might react negatively, fearing lower corporate earnings despite the lower borrowing costs.
Stimulating Economic Growth and Job Creation
A primary goal of cutting interest rates is to stimulate economic growth 1. By lowering the cost of borrowing, central banks aim to encourage consumers to spend more and businesses to invest in capital projects and expansions. This increased economic activity can lead to higher demand for goods and services, which in turn may prompt businesses to increase production and hire more workers, thus fostering job creation 1.
Historically, there has been a generally positive correlation between interest rate cuts and improvements in the job market 38. Lower borrowing costs can make it more feasible for businesses, particularly in capital-intensive industries like construction and manufacturing, to undertake new projects that require significant upfront investment, often leading to increased hiring 43. Similarly, lower rates can boost consumer spending, especially on big-ticket items, which can drive demand in consumer-driven sectors like retail and hospitality, encouraging businesses in these areas to expand their workforce 43.
However, the relationship between interest rate cuts and job creation is not always immediate or straightforward 43. Businesses need to feel confident about sustained future demand before committing to new hires. Some research suggests an asymmetric effect, where increases in interest rates tend to lead to a more immediate impact on job destruction, while the effect of rate cuts on job creation might be slower and less pronounced 44. Furthermore, the effectiveness of interest rate cuts in stimulating economic growth and job creation can be limited if there are other significant headwinds in the economy, such as disruptions in supply chains or a lack of consumer confidence 3.
Expert Opinions and Financial Institution Analysis
Economists hold varied perspectives on the likelihood and optimal timing of Federal Reserve interest rate cuts, reflecting the inherent uncertainties in the economic outlook 30. Many anticipate that the Fed will eventually cut rates, but the exact timing and the total number of cuts remain subjects of debate 7. Concerns about persistent inflation and the potential for tariffs to further exacerbate price pressures are key factors influencing these differing viewpoints 7. Some economists predict two to three rate cuts in the near future, while others suggest a more cautious approach, anticipating fewer cuts or a delay in their implementation.
Financial institutions generally view interest rate cuts as a positive development for borrowing activity and potentially beneficial for sectors like real estate due to lower financing costs 1. However, they also acknowledge the potential for reduced net interest income for banks as lending rates decrease 24. Some anticipate an increase in refinancing activity in areas like mortgages and leveraged loans as borrowing becomes cheaper 24. Overall, financial institutions recognize that while rate cuts can ease financial conditions, the full impact on credit markets and economic activity will likely unfold gradually 24.
Potential Risks and Negative Consequences in a Strong Economy
Cutting interest rates when the economy exhibits signs of strength, such as low unemployment and robust GDP growth, carries several potential risks 51. The most significant concern is the risk of overheating the economy and triggering higher inflation 1. If demand is already strong, further reducing borrowing costs could lead to an excessive increase in spending, potentially pushing prices up at an undesirable rate.
Another significant risk is the potential for asset bubbles and excessive risk-taking in financial markets 1. In a low-interest-rate environment, investors may be incentivized to take on more risk in search of higher returns, potentially inflating asset prices to unsustainable levels and creating vulnerabilities in the financial system. Furthermore, lower interest rates can negatively impact savers and those who rely on fixed income, as returns on savings accounts, CDs, and bonds decrease 1. This can be particularly challenging for retirees or individuals with low risk tolerance.
In some instances, lower interest rates can also lead to a depreciation of the domestic currency 21. While a weaker currency can boost exports, it can also increase the cost of imports, potentially contributing to inflation. Finally, cutting rates significantly when the economy is already strong can limit the central bank's ability to respond effectively to future economic downturns, as it will have less room to lower rates further to stimulate the economy 38. Such a move could also be perceived as premature and might undermine the central bank's credibility in managing inflation 51.
Alternative Scenarios: Repercussions of Not Cutting Interest Rates
If the Federal Reserve decides to maintain current interest rates, several potential economic impacts could unfold 1. Elevated interest rates could continue to restrain borrowing and spending by both consumers and businesses, potentially leading to a slowdown in economic growth and increasing the risk of a recession 5. Borrowing costs for mortgages, auto loans, and business investments would remain high, potentially dampening demand in these key sectors 1.
Regarding inflation, if it remains above the central bank's target rate, maintaining high rates could help to eventually bring it down by continuing to cool aggregate demand 1. However, if inflation is already showing signs of moderating, keeping rates at a high level might become overly restrictive, unnecessarily impeding economic growth and potentially negatively impacting the labor market 7.
The stock market and asset prices could also be affected by a decision not to cut rates 1. High interest rates can increase borrowing costs for companies, which could hurt their earnings and potentially lead to lower stock prices. Additionally, investors might find higher-yielding bonds more attractive compared to stocks in a high-interest-rate environment. If the economy is already showing signs of weakening, the decision not to cut rates could exacerbate this slowdown, potentially increasing the likelihood of a recession 5.
Conclusion and Outlook
The decision by a central bank to cut interest rates carries a complex array of potential repercussions across the economy. While the primary aim is to stimulate economic activity by lowering borrowing costs, the actual impact can be influenced by a multitude of factors, including the prevailing economic conditions, consumer and business confidence, and global economic trends. Lower interest rates generally lead to reduced borrowing costs for mortgages, auto loans, business investments, and credit cards, potentially boosting spending and investment. They can also positively impact the stock market and asset prices by making borrowing cheaper for companies and reducing the attractiveness of lower-yielding bonds. Furthermore, rate cuts are often intended to spur economic growth and job creation by incentivizing business expansion and increasing consumer demand.
However, cutting interest rates is not without risks. In an environment where inflation is already elevated or the economy is showing signs of strong growth, lowering rates could exacerbate inflationary pressures and potentially lead to an overheating economy. Prolonged periods of low interest rates can also contribute to the formation of asset bubbles and encourage excessive risk-taking in financial markets. Additionally, savers and those relying on fixed income may experience reduced returns in a low-interest-rate environment.
The current economic context, including the levels of inflation, the rate of economic growth, and various global factors, is crucial in determining the actual impact of interest rate cuts. Expert opinions on the timing and magnitude of potential rate cuts are divided, reflecting the uncertainty surrounding these economic variables. Financial institutions anticipate increased activity in certain sectors due to lower borrowing costs but also foresee potential challenges such as compressed profit margins.
Ultimately, the decision of whether or not to cut interest rates requires a careful balancing of potential benefits and risks. Central banks must closely monitor economic data and consider the potential unintended consequences of their actions. Looking ahead, the path of interest rates will likely depend on how inflation evolves, the strength of economic growth, and the impact of other factors such as fiscal policy and global events. Businesses, consumers, and investors should remain vigilant and adapt their strategies accordingly to navigate the evolving interest rate landscape.
Works cited
Impact of Federal Reserve Interest Rate Changes - Investopedia, accessed March 21, 2025, https://www.investopedia.com/articles/investing/010616/impact-fed-interest-rate-hike.asp
The Fed - Why do interest rates matter? - Federal Reserve Board, accessed March 21, 2025, https://www.federalreserve.gov/faqs/why-do-interest-rates-matter.htm
Monetary Policy: Stabilizing Prices and Output, accessed March 21, 2025, https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Monetary-Policy
Federal Interest Rate Cuts Explained | Simmons Bank, accessed March 21, 2025, https://www.simmonsbank.com/learning-center/federal-interest-rate-cuts-explained
How Interest Rates Affect the U.S. Markets - Investopedia, accessed March 21, 2025, https://www.investopedia.com/articles/stocks/09/how-interest-rates-affect-markets.asp
How Federal Reserve Interest Rate Cuts Affect Consumers - Investopedia, accessed March 21, 2025, https://www.investopedia.com/articles/economics/08/interest-rate-affecting-consumers.asp
The Federal Reserve sees tariffs raising inflation this year and keeps key rate unchanged, accessed March 21, 2025, https://apnews.com/article/fed-federal-reserve-rates-trump-tariffs-inflation-prices-a9008f1bb081093cd149967e3e637c7b
How The Fed's Rate Cuts Could Impact Homebuyers | Northwest Bank, accessed March 21, 2025, https://www.northwest.bank/news-insights/how-the-feds-rate-cuts-could-impact-homebuyers/
How Reduced Interest Rates Affect Mortgage Costs - Experian, accessed March 21, 2025, https://www.experian.com/blogs/ask-experian/how-reduced-interest-rates-affect-mortgage-costs/
How Lower Interest Rates Impact Your Mortgage | Heritage Family Credit Union, accessed March 21, 2025, https://www.hfcuvt.com/post/how_lower_interest_rates_impact_your_mortgage.html
How Do Falling Interest Rates Affect My Mortgage? | PNC Insights, accessed March 21, 2025, https://www.pnc.com/insights/personal-finance/borrow/how-do-falling-interest-rates-affect-my-mortgage.html
www.northwest.bank, accessed March 21, 2025, https://www.northwest.bank/news-insights/how-the-feds-rate-cuts-could-impact-homebuyers/#:~:text=Lower%20rates%20can%20help%20you,impacting%20homebuyers%2C%20upsizers%20and%20downsizers.
Auto Loan Rate Forecast for 2025 – Preston Ford of Keller Blog, accessed March 21, 2025, https://www.prestonfordofkeller.com/blogs/3380/2025-auto-loan-rate-forecast/
How does the Fed interest rate affect car loans? - Bankrate, accessed March 21, 2025, https://www.bankrate.com/loans/auto-loans/fed-rates-and-auto-loans/
How Interest Rates Affect Auto Purchasing Decisions – Mind, Body and Soul, accessed March 21, 2025, https://wp.nyu.edu/mind/2024/02/24/how-interest-rates-affect-auto-purchasing-decisions/
Commentary: 'Be smart with your money,' what the FED rate cuts could mean for you, accessed March 21, 2025, https://www.army.mil/article/280422/commentary_be_smart_with_your_money_what_the_fed_rate_cuts_could_mean_for_you
How Interest Rates Work on Car Loans - Investopedia, accessed March 21, 2025, https://www.investopedia.com/articles/personal-finance/061615/how-interest-rates-work-car-loans.asp
3 Factors That Affect Auto Loan Rates | Community First Credit Union, accessed March 21, 2025, https://www.communityfirstfl.org/resources/blog/3-factors-that-affect-auto-loan-rates
How Will Dropping Interest Rates Impact My Business - Northwest Bank, accessed March 21, 2025, https://www.northwest.bank/news-insights/how-will-dropping-interest-rates-impact-my-business/
Do Lower Interest Rates Increase Investment Spending?, accessed March 21, 2025, https://www.investopedia.com/ask/answers/101315/do-lower-interest-rates-increase-investment-spending.asp
Effects of Low Interest Rates on Businesses and the Economy - BlueCart, accessed March 21, 2025, https://www.bluecart.com/blog/effects-low-interest-rates-businesses
How Could Lower Interest Rates Impact Business? | ADM, accessed March 21, 2025, https://americandeposits.com/insights/how-lower-interest-rates-impact-business/
www.investopedia.com, accessed March 21, 2025, https://www.investopedia.com/articles/stocks/09/how-interest-rates-affect-markets.asp#:~:text=Lower%20rates%20make%20borrowing%20money,and%2C%20therefore%2C%20stock%20prices.
Impact of interest rate cut on the banking sector - Acuity Knowledge Partners, accessed March 21, 2025, https://www.acuitykp.com/blog/impact-of-interest-rate-cut-on-the-banking-sector/
What Is the Relationship Between Inflation and Interest Rates? - Investopedia, accessed March 21, 2025, https://www.investopedia.com/ask/answers/12/inflation-interest-rate-relationship.asp
Federal Reserve made a 3rd consecutive rate cut today. Here's how it will impact your money. - CBS News, accessed March 21, 2025, https://www.cbsnews.com/news/federal-reserve-meeting-rate-cut-interest-rates-december/
Explaining the Relationship Between Interest Rates and Inflation, accessed March 21, 2025, https://smartasset.com/investing/relationship-between-interest-rates-and-inflation
How higher interest rates affect inflation - Bank of Canada, accessed March 21, 2025, https://www.bankofcanada.ca/2023/12/how-higher-interest-rates-affect-inflation/
Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation - Fox Business, accessed March 21, 2025, https://www.foxbusiness.com/economy/federal-reserve-interest-rate-decision-march-2025
Federal Reserve holds interest rates steady, but trims economic growth outlook - CBS News, accessed March 21, 2025, https://www.cbsnews.com/news/fomc-federal-reserve-interest-rate/
How Slower Economic Growth and High Inflation Could Affect Interest Rates | Morningstar, accessed March 21, 2025, https://www.morningstar.com/economy/how-slower-economic-growth-high-inflation-could-affect-interest-rates
Donald Trump Calls On Fed to Cut Interest Rates Amid Growth Warning - Newsweek, accessed March 21, 2025, https://www.newsweek.com/trump-inflation-rates-cut-federal-reserve-tariffs-jerome-powell-2047734
How Do Interest Rates Affect the Stock Market? - Investopedia, accessed March 21, 2025, https://www.investopedia.com/investing/how-interest-rates-affect-stock-market/
6 Ways The Fed's Interest Rate Decisions Impact Your Money - Bankrate, accessed March 21, 2025, https://www.bankrate.com/banking/federal-reserve/how-federal-reserve-impacts-your-money/
Understanding the Relationship Between Stocks and Interest Rates, accessed March 21, 2025, https://www.wilmingtontrust.com/content/dam/wtb-web/wtb-migration/pdfs/Understanding-the-Relationship-Between-Stocks-and-Interest-Rates.pdf
How do interest rates impact the stock market? - KOHO, accessed March 21, 2025, https://www.koho.ca/learn/how-do-interest-rates-impact-the-stock-market/
How Do Changing Interest Rates Affect the Stock Market? - U.S. Bank, accessed March 21, 2025, https://www.usbank.com/investing/financial-perspectives/market-news/how-do-rising-interest-rates-affect-the-stock-market.html
Why Progressives Want Lower Interest Rates, Explained - The Roosevelt Institute, accessed March 21, 2025, https://rooseveltinstitute.org/blog/why-progressives-want-lower-interest-rates-explained/
Fiscal Policy vs. Monetary Policy: Pros and Cons - Investopedia, accessed March 21, 2025, https://www.investopedia.com/articles/investing/050615/fiscal-vs-monetary-policy-pros-cons.asp
The Fed's Interest Rate Cuts Foreshadowed the Stock Market Correction, and Here's What Might Happen Next | The Motley Fool, accessed March 21, 2025, https://www.fool.com/investing/2025/03/17/the-fed-stock-market-correction-what-happen-next/
Understanding a Fed Rate Cut - Bolton, accessed March 21, 2025, https://www.boltonusa.com/understanding-fed-rate-cut/
Fed Interest Rate Changes: How Does This Impact Your Personal Finances? - Wintrust, accessed March 21, 2025, https://www.wintrust.com/articles/2022/09/fed-interest-rate-changes-how-does-this-impact-your-personal-finances.html
A History of How the Labor Market Reacts to Interest Rate Cuts, accessed March 21, 2025, https://blog.hiringthing.com/history-how-labor-market-reacts-interest-rate-cuts
The Asymmetric Effects of Monetary Policy on Job Creation and Destruction - WP/97/57, accessed March 21, 2025, https://www.imf.org/external/pubs/ft/wp/wp9757.pdf
The strong job market may result in fewer interest rate cuts this year - Scotsman Guide, accessed March 21, 2025, https://www.scotsmanguide.com/news/the-strong-jobs-market-may-result-in-fewer-interest-rate-cuts-this-year/
Where next for the U.S. economy? - Harvard Gazette, accessed March 21, 2025, https://news.harvard.edu/gazette/story/2025/03/where-next-for-the-u-s-economy/
Survey: Economists Split On When Fed Could Cut Rates This Year ..., accessed March 21, 2025, https://www.bankrate.com/banking/federal-reserve/economic-indicator-survey-interest-rates-january-2024/
How Much Will the Fed Cut Interest Rates? | Morningstar, accessed March 21, 2025, https://www.morningstar.com/markets/when-will-fed-start-cutting-interest-rates
The Half-Point Rate Cut: Analyzing the Fed's Rationale Behind the Decrease, accessed March 21, 2025, https://business.columbia.edu/insights/finance-economics/half-point-rate-cut-analyzing-feds-rationale-behind-decrease
Fed Rate Cuts Are Positive for Leveraged Credit (With a Few Caveats), accessed March 21, 2025, https://www.guggenheiminvestments.com/perspectives/sector-views/high-yield-and-bank-loan-outlook-october-2024
The Fed cut policy rates — why are interest rates still high? - Ameriprise advisor, accessed March 21, 2025, https://www.ameripriseadvisors.com/team/dicks-associates/insights/why-are-interest-rates-still-high-after-fed-cuts/
The Fed cut policy rates — why are interest rates still high? - Ameriprise Financial, accessed March 21, 2025, https://www.ameripriseadvisors.com/team/great-lakes-advisor-group/insights/why-are-interest-rates-still-high-after-fed-cuts
The Fed cut policy rates — why are interest rates still high? - Ameriprise Financial, accessed March 21, 2025, https://www.ameripriseadvisors.com/gordon.a.rennard/insights/why-are-interest-rates-still-high-after-fed-cuts
How Do Low and Negative Interest Rates Affect Banks? - San Francisco Fed, accessed March 21, 2025, https://www.frbsf.org/research-and-insights/publications/economic-letter/2021/08/how-do-low-and-negative-interest-rates-affect-banks/
What easing interest rates mean for global asset prices - Business Research and Insights, accessed March 21, 2025, https://business.nab.com.au/interest-rate-easing-cycle/
US Federal Reserve seeks clarity as it leaves rates on hold | articles - ING Think, accessed March 21, 2025, https://think.ing.com/articles/us-federal-reserve-seeks-clarity-as-it-leaves-rates-on-hold/
No comments:
Post a Comment