Five Alive

30/08/2023 4 min

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Episode Synopsis

While Powell didn’t offer up any groundbreaking headlines
in his Jackson Hole speech last week, the overarching message from the chair still resounds loud and clear: rates will be “higher for longer.” This week on the Basis Points podcast, Kevin Flanagan aims to answer the question, how high and how long?
Basis point: 1/100th of 1 percent.