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What if the Fed Can’t Raise Interest Rates? Why Near-Zero is the New Normal – Barron’s

Full Article: Barron's

Therein lies the conundrum. If the Fed tightens, the existing debt pile becomes more expensive to service, hampering economic growth. If the Fed doesn’t tighten, debt across households, companies and the government continues to grow, making it ever tougher for the Fed to move.

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