Not really. Most lenders preemptively lowered rates when it became clear the Fed would cut this month. But more business investment and stepped-up hiring may be on the horizon.
Some effects of cheaper money won’t be visible until next year, and smaller, more risk-averse businesses may be slower to respond.
“They’ve kind of come around,” says a school superintendent in Fargo, North Dakota.
Early pre-order and shipment data indicates demand is not that strong for the iPhone 16. Smartphone sales overall have fallen in the U.S.
Area taxpayers will foot the bill for the debt.
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