Financial Inclusion Rises Amid Economic Challenges; Fed Signals Possible Rate Cuts

Simply Finance

In this episode, we explore the latest Global Financial Inclusion Index, revealing improvements in financial access worldwide despite tough macroeconomic conditions. We also discuss the alarming rise in financial stress among Australians, particularly those nearing retirement. Additionally, Federal Reserve governor Adriana Kugler hints at potential interest rate cuts if inflation continues to decline, impacting consumer spending and investment strategies. Lastly, Municipality Finance's issuance of a USD 1 billion green benchmark highlights the growing trend of sustainable investments. Tune in for insights that could shape your financial future.
Sources:
https://finance.yahoo.com/news/global-financial-inclusion-improved-second-050100834.html
https://au.finance.yahoo.com/news/financial-stress-hits-highest-level-in-a-decade-as-cost-of-living-pressures-mount-232031480.html
https://finance.yahoo.com/news/feds-kugler-favors-more-rate-cuts-if-inflation-continues-to-drop-070035162.html
https://finance.yahoo.com/news/municipality-finance-issues-usd-1-070000838.html
Outline:
(00:00:00) Introduction
(00:00:43) Global Financial Inclusion Improved for the Second Consecutive Year Despite Challenging Macroeconomic Conditions, According to the Global Financial Inclusion Index From Principal®
(00:03:27) Financial stress hits highest level in a decade as cost-of-living pressures mount
(00:06:29) Fed's Kugler favors more rate cuts if inflation continues to drop
(00:09:09) Municipality Finance issues a USD 1 billion green benchmark under its MTN programme