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What if Fed rate hikes are actually sparking US economic boom?
The US economy continues to perform robustly, consistently creating a large number of jobs and surpassing the expectations of experts who had predicted an economic slowdown. Amid this economic strength, some Wall Street analysts are considering an unconventional theory regarding the impact of recent interest rate increases. They speculate that the rate hikes over the past two years might not be hindering economic growth but could be contributing to it.
