What Drives the Price of Money
January 12, 2024
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7:07Ex-Goldman Sachs Managing Director on Coming Out | The Businessweek Show
8:25Now PlayingWhat Drives the Price of Money
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as posted by the channelWhen central banks like the US Federal Reserve make an interest rate decision, they’re reacting to a bundle of domestic and external factors. Those factors used to push down on borrowing costs. Now, after decades of cheap money, they are pushing up. It’s a massive change.
Bloomberg Economics crunched 50 years of data to show why interest rates are likely to stay high, and what it means for everything from house prices to the stock market and your pension.
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#money #inflation #bloomberg
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