Interest rates have fallen since January 1st 2020. Fed has cut rates in order to promote Banks

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Interest rates have fallen since January 1st 2020. Fed has cut rates in order to promote Banks to offer funds to firm's for meeting capital requirements and also to discourage customers keeping money in Banks.

Discuss this issue and explain how it has impacted business not only in America but worldwide using company examples to show the effect?

Related Book For answer-question

Business A Changing World

ISBN: 978-1259179396

10th edition

Authors: O. C. Ferrell, Geoffrey Hirt, Linda Ferrell

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Posted Date: Nov 25, 2023 08:29 AM

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Interest rates have fallen since January 1st 2020. Fed has cut rates in order to promote Banks

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Expert Answer:

Interest Rate Decrease Impact 1 Access to Capital The Federal Reserves rate cuts aim to encourage banks to lend more This facilitates businesses in ac... View the full answer

Business A Changing World

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