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The US Economy: The Known and Unknown of where we are headed
Click here to reply to @Phil
"They really don't depend on it. But about 60% of the private smaller firms actually depend on these loans tied to short term interest rates. And when they're high, they're not going to be as likely to hire on people and create those jobs. And with them being high, we know that on December 18th, Jerome Powell, it will most likely bring rates down again. He sees the same report that we're looking at right now here."
"They really don't depend on it. But about 60% of the private smaller firms actually depend on these loans tied to short term interest rates. And when they're high, they're not going to be as likely to hire on people and create those jobs. And with them being high, we know that on December 18th, Jerome Powell, it will most likely bring rates down again. He sees the same report that we're looking at right now here."
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By swellcast.com/PhilClick here to reply to @Phil
"They really don't depend on it. But about 60% of the private smaller firms actually depend on these loans tied to short term interest rates. And when they're high, they're not going to be as likely to hire on people and create those jobs. And with them being high, we know that on December 18th, Jerome Powell, it will most likely bring rates down again. He sees the same report that we're looking at right now here."
"They really don't depend on it. But about 60% of the private smaller firms actually depend on these loans tied to short term interest rates. And when they're high, they're not going to be as likely to hire on people and create those jobs. And with them being high, we know that on December 18th, Jerome Powell, it will most likely bring rates down again. He sees the same report that we're looking at right now here."