When the Federal Reserve cut its policy rate by a half percentage point in September, it sent a clear signal to the market that it was willing to take bold action to shore up the labor market and preserve the soft landing in the economy.
In the October issue of The Real Economy, RSM Chief Economist Joseph Brusuelas examines this new rate environment and its effect on middle market businesses and consumers. The rate cuts, he writes, will be crucial for the growth of the middle market and RSM clients, encouraging investment in business expansion, new technologies and intellectual properties.
Also in this issue, RSM’s consumer products practice looks at the back-to-school shopping season and what it means for the all-important holiday shopping season. Consumers are demanding flexibility in how they shop, whether it’s in store, online or using a hybrid approach, RSM’s Nick Stuart and Peter Ramer write—and businesses that adapt will be the winners.
