Higher Rates Stoke a Growing Chorus of Deficit Concerns

Higher Rates Stoke a Growing Chorus of Deficit Concerns

A long period of higher interest rates would make the government’s large debt pile costly, a possibility that is fueling a conversation about debt sustainability.
Federal Reserve Officials See Rates Staying High

Federal Reserve Officials See Rates Staying High

Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.