Crime typically rises as people fall into hard economic times. While people with assets like homes and stocks might be celebrating valuations at all time highs, others that rent and don’t have passive income sources are finding life harder and harder to make it. As the layoffs grow, crime will in lockstep. Let us hope the Fed starts dropping rates sooner than later.
For a country like where the Op was making reference to, I don't think that the Feds dropping rate at anytime will make a significant difference from how situations are on the citizens with the economy. What should be foremost done is that a laid down legislation should be enacted to restrict couples from birthing more than a specific number of kids as a way to control population explosion so while cutting down rate it could be felt to a noticeable degree.
