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Articles Published in the Media / Higher, longer: How bankers might approach today’s interest-rate environment by Steven Patrick
Higher, longer: How bankers might approach today’s interest-rate environment by Steven Patrick
Synopsis
One major concern for bankers is the Federal Reserve’s interest-rate outlook, surpassing credit concerns and regulatory uncertainty. It would be wise to heed Chairman Jerome Powell’s advice and accept the reality of higher interest rates for an extended period, especially as stubborn inflation has persisted.
