Fed Rate Cuts, Global Ripples, and Saudi's Economic Resilience
Update: 2024-09-20
Description
In this episode Kane and Duncan dive into the latest economic developments following the U.S. Federal Reserve's 50 basis point rate cut. They explore what this decision means for both the U.S. and the global economy, while addressing concerns about its implications. The discussion also touches on rising geopolitical tensions, China’s economic influence, and Brazil's rate hike. Kane provides an on-the-ground update from Saudi Arabia, highlighting the nation’s economic resilience under Vision 2030 and its positive credit outlook.
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