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 IMF Official: Debt Relief Delays Could Mean 'Disorderly' Defaults READ MORE Powell Hints at September Rate Reduction if Inflation Eases READ MORE A Special Invitation: Join Me at the Limitless Expo READ MORE Gold Faces a Lackluster January with a Close Eye on the Fed READ MORE Inflation Shifts American Dining Habits: Home Cooking is Back READ MORE Add a Comment Cancel replyYour email address will not be published.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