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A Gradual Rise To Tackle Inflation
One key area all the financial pundits are honing in on?
Two words: interest rates.
Under Bidens first four years, the Federal Reserve kept rates pretty low to help with the pandemic recovery.
But as the economy keeps chugging along, most expect the Fed to start slowly ratcheting up those rates.
Incentives for Green Investments
Bidens administrations will most likely include an emphasis onclimate change initiativesand green energy.
Bidens administration has been vocal about climate change and sustainable investments, Shirshikov shared.
This focus could lead to favorable interest rates for green projects and investments in renewable energy.
Were talking lower rates on loans for things like solar installations,electric vehicle purchasesand sustainable construction.
Its all about incentivizing capital to flow towards eco-friendly projects and technology.
His team has made expanding homeownership through assistance programs forfirst-time and lower-income buyersa major priority.
More demand from new homebuyers could get balanced out by efforts to make mortgages cheaper and more accessible.
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