Last Wednesday, Jerome Powell read his transcript, which goes over the Central Bank's plan with interest rates. This is what was said: "Interest rates are rising by 0.5% and will continue to rise until inflation is 2%." This means that interest rates are for sure going up from here. The only question is how much higher now.
Why Interest Rates Must Go UP
Why Interest Rates Must Go UP
Why Interest Rates Must Go UP
Last Wednesday, Jerome Powell read his transcript, which goes over the Central Bank's plan with interest rates. This is what was said: "Interest rates are rising by 0.5% and will continue to rise until inflation is 2%." This means that interest rates are for sure going up from here. The only question is how much higher now.