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As fashion businesses and consumers wait to see how the United States’ central bank navigates 2024, California Apparel News asked industry leaders: When thinking about the potential for the Federal Reserve to cut rates in 2024, thereby moving inflation closer to the agency’s 2 percent goal, what does this mean for the fashion industry?
For this edition of our recurring Industry Focus: Finance feature, we asked leading figures who cater to the apparel industry a simple question:
While a new year has begun, many challenges that were experienced during 2021 remain. The COVID-19 pandemic continues to impact the world as new variants of the virus develop.