3min chapter

Ones and Tooze cover image

Is the U.S. Economy Really Booming?

Ones and Tooze

CHAPTER

The Fed Is on the Verge of Raising Interest Rates

The fed chief jerome powell in washington amean is on the verge of raising interest rates. What sort of immediate effects will that have on the us? Economy? Is there going to be more turbulence on the stock markets? A sudden cooling off of the housing market? Might normal americans soon regret, you know, demanding some kind of response to inflation. Those are the risks. And for all the hawkish talk, they are going to take it slow.

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