Verizon CEO Explains How Rising Rates Impact Economies Differently Across Regions
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Verizon CEO discusses how rising interest rates in the U.S. are impacting the global economy differently.
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In Europe, higher rates immediately affect consumers, slowing markets quicker than in the U.S.
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In the U.S., higher rates haven't fully reached consumers yet and corporate impact is more immediate.
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Parts of Asia continue seeing strong growth and can better manage higher rates with fast expansion.
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For Verizon, higher rates don't hinder growth plans; they continue investing heavily in networks and infrastructure.