Central bank
efforts to slow inflation, by raising borrowing costs and
cooling demand for goods and services, may also undermine
investments in innovative technologies that could make the
economy.
Jackson Hole Paper: Interest Rate Hikes Hurt Innovation, Economic Output bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Federal Reserve Bank of Chicago President Austan Goolsbee said he sees a “golden path” to getting US inflation down without triggering big recession. Most Read from BloombergPowell Signals Fed Will Raise Rates If Needed, Keep Them HighNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTesla Investors to Get $12,000 Each From Musk’s SEC DealTrump Returns to Musk’s X With Post of Georgia Mug ShotAfter 15 Years, a New Private Jet Is America’s Most PopularPolicymaker
Central Bank Efforts to Cool Inflation May Harm Innovation, Study Shows usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Rate Hikes Curb Innovation and Economic Output, Jackson Hole Paper Finds bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.