Why Interest Rates Will Keep Going Up

Published August 30, 2022

The Washington Post

Federal Reserve Chair Jerome H. Powell unnerved investors when he said last week that the economy would likely feel some pain as the Fed raised interest rates to bring inflation down.

If history is any guide, that pain is likely to be much harsher than most expect.

Please continue reading on the Washington Post’s website.

Henry Olsen, a senior fellow at the Ethics and Public Policy Center, studies and provides commentary on American politics. His work focuses on how America’s political order is being upended by populist challenges, from the left and the right. He also studies populism’s impact in other democracies in the developed world.

Image from Kidfly182 on Wikimedia via Creative Commons 4.0

Most Read

This field is for validation purposes and should be left unchanged.

Sign up to receive EPPC's biweekly e-newsletter of selected publications, news, and events.

Upcoming Event |

Center for Ethics and Culture Fall Conference


Your support impacts the debate on critical issues of public policy.

Donate today