Why Forecasting the Future of Inflation (and Interest Rates) Is So Difficult
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We are not in the business of making predictions at The Money Guy Show. In fact, if you’ve watched or listened to the show for any amount of time, you know we stay far away from predicting the direction of the stock market, economy, and other leading financial metrics. The last several years, inflation has been about the only financial metric on everyone’s minds. If inflation continues to drop, interest rate cuts by the Federal Reserve seem more likely. Interest rate cuts are stimulative to businesses, households, and the overall economy since they make borrowing money cheaper and encourage people to buy houses, businesses to hire employees and take risks, and more.
Why Forecasting the Future of Inflation (and Interest Rates) Is So Difficult
Why Forecasting the Future of Inflation (and…
Why Forecasting the Future of Inflation (and Interest Rates) Is So Difficult
We are not in the business of making predictions at The Money Guy Show. In fact, if you’ve watched or listened to the show for any amount of time, you know we stay far away from predicting the direction of the stock market, economy, and other leading financial metrics. The last several years, inflation has been about the only financial metric on everyone’s minds. If inflation continues to drop, interest rate cuts by the Federal Reserve seem more likely. Interest rate cuts are stimulative to businesses, households, and the overall economy since they make borrowing money cheaper and encourage people to buy houses, businesses to hire employees and take risks, and more.