Interest rates are on the rise in both Canada and the U.S., what does this mean for consumers and investors? Find out with today's episode! Intro/Outro Music: Episode Music: ... ( read more )
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What do Rising Interest Rates Mean? Interest rates play a significant role in the global economy, affecting everything from personal finances to the performance of businesses and stock markets. When interest rates rise, it can have various consequences for individuals, corporations, and even governments. Let's delve into understanding what rising interest rates actually mean and how they impact different aspects of the economy. To begin with, rising interest rates indicate that the cost of borrowing money is increasing. When central banks increase interest rates, commercial bank
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)