
Higher Interest Rates May Be the New Normal, Bloomberg Economist Warns
Tom Orlik says governments, firms and households face mounting debt costs as Fed Chair Kevin Warsh heads into a pivotal policy meeting.
Sep 12, 20261 views

Tom Orlik says governments, firms and households face mounting debt costs as Fed Chair Kevin Warsh heads into a pivotal policy meeting.

Six-to-three vote keeps interest rates steady as policymakers weigh easing domestic inflation against geopolitical risks from the Gulf crisis.