"But while the Fed may be done raising rates, it’s not cutting them back to zero anytime soon.According to the central bank’s most recent projections, rates will stay where they are for most of 2024 and will fall only slightly in 2025, ending the year at about 4 percent—more than twice as high as in late 2019."

Read this story from "The Atlantic" for free without being tracked.

https://read.distractionfree.site/theatlantic/ideas/archive/2023/12/higher-interest-rates-fed-economy/676282/

#theatlantic #interest #rates #economy #ZIRP #Fed #SiliconValley

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