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Big news! The interest rate wave is at a 22-year high! ๐Ÿ“ˆ

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8/16/2023Brian's Blogbankingbanksblogbrian's blog
Big news! The interest rate wave is at a 22-year high! ๐Ÿ“ˆ

The US central bank just cranked up those rates. Pretty wild, huh?

Jerome Powell?
Keeping cards close to his chest.
Another rate rise in September? Maybe. Or... not.

And the Brits? They're thinking about joining the party!

Loans might pinch the pocket a bit more.

But the crazy part: the US economy's still standing tall.

Job market? Stronger than ever.

Yet, core inflation's still over the target.

Globally, itโ€™s all a financial chess match. ๐Ÿง 
As the US ponders its moves, others are still strategizing. ๐ŸŒ

Central banks are reshuffling the deck.
Investment game? About to get interesting.

Keep those eyes peeled. Opportunity's always knocking. ๐Ÿšช

--
Digging deep on banks is what I do.

๐Ÿ”” Follow Brian on Linkedin: Brian Pillmore