Author: Alex Morris

How do interest rate hikes weigh on the job market?

September 14, 2022

 

When the Federal Reserve raises interest rates, as it has multiple times since the beginning of the year, borrowing becomes more expensive for everyone, including businesses relying on credit financing to expand. When the cost to carry debt soars, businesses may decide to reduce operating costs to afford the higher interest burden. Steeper interest rates […]

 

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