Federal Reserve Schmid: Low interest rate environment "not necessarily" will return
2024-05-15 00:26:11
Federal Reserve Schmid said that the overall economy remains strong. Inflation is still too high, the Federal Reserve has more work to do, interest rates are likely to remain high for some time, and I would prefer to shrink the Federal Reserve's balance sheet as much as possible within the operating framework. The low interest rate environment "does not necessarily" return.
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