Fed Chair Powell Says Holding Rates High For Too Long Could Jeopardize Economic Growth

Federal Reserve Chair Jerome Powell expressed concern that holding interest rates too high for too long could jeopardize economic growth. Setting the stage for a two-day appearance on Capitol Hill this week, the central bank leader said the economy remains strong as does the labor market, despite some recent cooling. Powell cited some easing in … Continue reading Fed Chair Powell Says Holding Rates High For Too Long Could Jeopardize Economic Growth