High Interest Rates Aren’t Going Away Any Time Soon
And if inflation starts to heat back up, it’s plausible – though at the moment unlikely – that the Fed will consider ratcheting up rates another 25 basis points.
Q&A: Atlanta Fed President Sees Rates Staying Higher for Longer
Raphael Bostic, president of the Federal Reserve Bank of Atlanta and a member of the Fed’s interest rate policy committee, doesn’t think another hike is needed. But he’s watching how the current high interest rates are working their way through the economy.
Drop In US Consumer Spending Clouds Fed Rate Hike Outlook
U.S. consumer spending unexpectedly fell in August for the first time in seven months while inflation showed signs of accelerating, mixed signals that could keep the Federal Reserve cautious about raising interest rates.
