May 15 2025BUSINESS
The Fed's New Normal: Higher Rates and Economic Shocks
The economy is shifting, and so is the Federal Reserve's approach. The central bank's leader, Jerome Powell, recently spoke about these changes. He highlighted that long-term interest rates are expected to be higher. This is due to various factors, including changes in the economy and policy adjustments. Powell's remarks came during a research conference in Washingt...
reading time about 1 minute