How Fed Rate Cuts Affect The Global Economy

CNBC

The Federal Reserve manages interest rates to influence financial conditions within the United States. But those decisions can also affect the posture of other central banks because many aspects of international finance rely on U.S. dollars. As the world moves away from a global round of economic tightening, central bankers in the U.S. are seeking to extend the economic expansion, which is among the strongest in the world. Chapters: [00:00-00:45] Cold Open [00:45-02:48] Chapter 1: Economic tightening [02:48-05:26] Chapter 2: The carry trade [05:26-07:52] Chapter 3: The world’s lender of last resort [07:52-09:41] Chapter 4: Other currencies Produced and Edited by: Carlos Waters Supervising Producer: Lindsey Jacobson Animation: Christina Locopo Additional Footage: Federal Reserve Bank of Kansas City, Getty Images Additional Sources: Bank for International Settlements, Boston University, Council on Foreign Relations, Federal Reserve Bank of New York, Harvard Law School, International Monetary Fund, Massachusetts Institute of Technology, University of Chicago, PIMCO, Sovereign Wealth Fund Institute, Tax Foundation, White House » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to master your money this fall? Sign up for CNBC’s new online course. We’ll teach you practical strategies to hack your budget, reduce your debt, and grow your wealth. Start today to feel more confident and successful. Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season: https://cnb.cx/3WiasGB Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC #Fed #InterestRates How Fed Rate Cuts Affect The Global Economy