See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Why the Fed keeping rates higher for longer may not be such a bad thing

Posted on AllSides April 24th, 2024
From The Center
Economy and Jobs, Inflation Rate, Federal Reserve
Mandel Ngan | Afp | Getty Images

With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.

So what if policymakers just decide to keep rates where they are for even longer, and go through all of 2024 without cutting?

It’s a question that, despite the current conditions, makes Wall Street shudder and Main Street queasy as well.

“When rates start climbing higher, there has to be an...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.cnbc.com/2024/04/24/why-the-fed-keeping-rates-higher-for-longer-may-not-be-such-a-bad-thing.html

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right