Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 40 , 10 November 2023


Open Access | Article

Research on the Impact of U.S. Interest Rate Soaring

Mingwei Sun * 1
1 University of Brighton

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 40, 9-13
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Mingwei Sun. Research on the Impact of U.S. Interest Rate Soaring. AEMPS (2023) Vol. 40: 9-13. DOI: 10.54254/2754-1169/40/20231981.

Abstract

The Federal Reserve's tenth interest rate hike has further impacted the U.S. economy and society. Therefore, this paper analyses the current economic environment in the United States and the implications of high interest rates, as well as the link between high interest rates and US Treasuries against the background of the tenth interest rate hike by the Federal Reserve. The research uses information and data from the Federal Reserve, current news, and data from the US stock market as the basis for the analysis. This study concludes that high interest rates are unfavourable for the US economy in the short term, but have helped employment, mortgage repayment costs, and growth in some sectors.

Keywords

monetary policy, interest rates, US treasuries, financial markets, economies

References

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3. Fama, E. F. (1977). Interest rates and inflation: the message in the entrails. The American Economic Review, 67(3), 487-496.

4. González‐Aguado, C., & Suarez, J. (2015). Interest rates and credit risk. Journal of Money, Credit and Banking, 47(2-3), 445-480.

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6. Kim, D. H., & Stock, D. (2014). The effect of interest rate volatility and equity volatility on corporate bond yield spreads: A comparison of noncallables and callables. Journal of Corporate Finance, 26, 20-35.

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9. Von Hagen, J., Schuknecht, L., & Wolswijk, G. (2011). Government bond risk premiums in the EU revisited: The impact of the financial crisis. European Journal of Political Economy, 27(1), 36-43.

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-101-8
ISBN (Online)
978-1-83558-102-5
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/40/20231981
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated