Buy custom The US rate cuts.
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 604 |
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This meaning that the wages might have gone up and they believe that they can purchase more with their salaries but in fact they just ignore the fact of the inflation.
As we have seen on the news, the US economic is suffering. The interest rate cute is a kind of healing method to bring up the country so that it can function efficiently...
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Its not only the US economic that suffer from the low value of the dollar, the oil trade can feel it as its traded in dollars. But the most suffering is the US own population as they, before, suffered with high interest rate and a devaluation of their properties. Whether the economy is shaping up soon or not is still to come, as the visible effect of lowering of interest rates comes long after...
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