<ul><li>The Federal Reserve and Bank of England have both cut interest rates by a quarter of a percentage point.</li><li>The cuts are expected to tighten the labor market and increase interest in mergers and acquisitions.</li><li>HR leaders may need to increase compensation budgets and hike salaries to attract and retain talent.</li><li>HR leaders should be prepared for a strong economy and a tight labor market while also considering market uncertainty.</li></ul>

Why HR leaders need to watch the Fed’s interest rate decisions

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