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 Nine years after fleeing in panic, the infamous Deutsche Bank is returning to the LBMA READ MORE World Gold Council Launches 'You are Gold' Campaign in India READ MORE CBO Predicts Decade of Soaring U.S. Deficits READ MORE Virtual Gold Rush: How RuneScape Became Venezuela's Economic Lifeline READ MORE Triple Threat: U.S. Stocks, Gold, and Dollar Defy Economic Logic READ MORE Add a Comment Cancel replyYour email address will not be published.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