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

By Frank Prenesti

Date: Thursday 15 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.
In a speech on the Fed's first policy framework review since mid-2020, Powell said the...

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