Trump picks Dr. Marty Makary as Food and Drug Administration commissioner
Why the Fed keeping rates higher for longer may not be such a bad thing
Maintaining higher interest rates for a longer period of time by the Federal Reserve can have several positive implications. Here are a few reasons why this may not be such a bad thing:
1. **Inflation Control**: High-interest rates can help control inflation. When rates are higher, borrowing becomes more expensive which can slow down the economy and prevent it from overheating.
2. **Attracting Investments**: Higher interest rates can attract foreign investors looking for better returns on their investments. This can lead to