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ilmscore | Prediction Details
"when the Federal Reserve Bank Cuts interest rates the reason why they do that is because they want to stimulate spending and so when you stimulate spending because people can borrow more money they can access more credit what does that do that is there to boost the economy"
By
Minority Mindset
|
September 10, 2024
|
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From video
Watch This Before The Next Fed Meeting (September 18)
00:08:14 - 00:08:29
Interpreted Prediction
The Federal Reserve cuts interest rates primarily to stimulate spending and boost the economy by making borrowing more accessible.
Prediction Details
Topic
Inflation and Economic Stimulus
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