Here’s a refreshed version:
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🔶 U.S. Interest Rates: Too High for Too Long? 🔶
◆ The Fed funds rate, adjusted for core CPI, has surged to 2.33%, the highest level since October 2007.
◆ Real interest rates have increased by 8 percentage points over the past two years.
◆ Current rates surpass pre-pandemic levels, even those before 2020.
◆ Historically, such restrictive rates have often led to economic downturns.
◆ Is the Fed at risk of acting too late once again?
