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Powell says long-term rates to stay high amid frequent supply shocks

Published by Frank Prenesti on 15th May 2025

(Sharecast News) - US interest rates are more likely to be higher over the longer term as the global economy faces more frequent and persistent supply shocks, Federal Reserve Chair Jerome Powell said on Thursday.

URL: http://www.digitallook.com/dl/news/story/35084179/...

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