Stocks, real estate, economy to crash as interest rates bite: Kiyosaki

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Get ready for stocks and real estate to crash - and the US economy to crater, 'Rich Dad Poor Dad' author warns

"Raising interest rates will crash stocks, bonds, real estate, & US dollar," the personal-finance guru and"Rich Dad Poor Dad" authorThe Federal Reserveits benchmark rate by 25 basis points to upwards of 4.

75% on Wednesday, compared with nearly 0% a year ago. The US central's goal is to cool inflation, as higher rates encourage saving over spending and raise borrowing costs. Yet they also reduce demand, which pulls down asset prices and increases the risk of a recession.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

what data is he basing his opinion on?

대한민국 최근 뉴스, 대한민국 헤드 라인