History Warns: Recession Looms as Fed Maintains High Interest Rates Despite falling inflation and reduced consumer spending, the Federal Reserve decided not to lower interest rates on June 12, raising concerns about a potential recession. Historically, restrictive credit policies have led to economic downturns, hurting ordinary people reliant on credit. Policymakers should heed past lessons that deflation is more dangerous than inflation and consider low rates and increased government spending to benefit the economy and citizens. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Household Debt Climbs but Economy Shows Signs of Robust Growth READ MORE Investors Flock to Gold During Commodity Boom READ MORE Should I Buy Silver or Gold? Which Performs Best In a Crisis? READ MORE Gold's Market Share: "As Irrelevant As A Pimple On An Elephant's Behind" – Rick Rule READ MORE Gold Consolidates After Record High Amid Rate Cut Speculations READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment