
Federal Reserve Chair Jerome Powell expressed concerns on Tuesday that maintaining high interest rates for an extended period could jeopardize economic growth. Powell's comments, reported by CNBC, highlight the potential risks associated with prolonged high rates, which currently range between 5.25% and 5.5%. His warning comes amid ongoing debates about the balance between controlling inflation and fostering economic expansion.
NEWS ALERT: Fed Chair Powell warns that keeping rates high for too long could jeopardize economic growth.
Fed Chair Powell says holding rates high for too long could jeopardize economic growth https://t.co/bFs6BNvkOd
Fed Chair Powell says holding rates high for too long could jeopardize economic growth https://t.co/7sMDuDdnyh




