Why the U.S. economy is still strong despite the Fed’s 2022-23 rate hikes

Date:

January 2, 2025

Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from the Federal Reserve’s 2022-23 hiking cycle.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Why the U.S. economy is still strong despite the Fed’s 2022-23 rate hikes

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