Fed Warns of Possible Return to Near-Zero Interest Rates

Reported about 13 hours ago

A recent paper from the New York and San Francisco Federal Reserve banks highlights the continued risk of the Federal Reserve reverting to near-zero interest rates in the coming years, despite currently high short-term borrowing costs. It notes that while the current risk is at the lower end of historical levels, significant uncertainty could lead to a return to super-low rates, similar to those seen during prior economic crises.

Source: YAHOO

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