Can the President Impact Interest Rates?
Money Rehab with Nicole Lapin
Money News Network
4.6 • 1.7K Ratings
🗓️ 15 November 2024
⏱️ 12 minutes
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| 0:00.0 | Money rehabbers, you get it. When you're trying to have it all, you end up doing a lot of juggling. |
| 0:04.9 | You have to balance your work, your friends, and everything in between. So when it comes to your |
| 0:09.1 | finances, the last thing you need is more juggling. That's where Bank of America steps in. |
| 0:13.6 | With Bank of America, you can manage your banking, borrowing, and even investing all in one place. |
| 0:18.2 | Their digital tools bring everything together under one roof, |
| 0:21.3 | giving you a clear view of your finances whenever you need it. Plus, with Bank of America's |
| 0:25.7 | wealth of expert guidance available at any time, you can feel confident that your money is |
| 0:30.0 | working as hard as you do. So why overcomplicate your money? Keep it simple with Bank of America, |
| 0:34.9 | your one-stop shop for everything you need today and the goals you're working toward tomorrow. |
| 0:39.2 | To get started, visit b-of-a.com slash new pros media. |
| 0:42.8 | That's b-o-fa.com slash N-E-W-P-R-O-S media. |
| 0:50.3 | B-A.com slash new pros media. |
| 0:54.7 | I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand. |
| 0:59.9 | It's time for some money rehab. |
| 1:05.1 | So there has been a lot of movement on Wall Street since Trump won the election, including |
| 1:13.7 | the Fed's second rate cuts since the period of COVID-area inflation and sanity. |
| 1:18.8 | Now, everyone is trying to predict the future and make adjustments around what economic |
| 1:22.7 | policies they think Trump will actually put into place in January. |
| 1:26.8 | For example, some companies like Steve Madden |
| 1:28.8 | have already started to move away from production in China and preparing for Trump's tariffs. |
| 1:34.6 | Another economic promise Trump has made is lowering interest rates. But before we start acting on that |
| 1:39.8 | assumption, we need to talk about whether or not Trump can actually make good on this promise. |
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