David Bonior
David Bonior, a member of the US Congress for 25 years, is now Professor at Wayne State University in Michigan.
David Bonior, a member of the US Congress for 25 years, is now Professor at Wayne State University in Michigan.
Though the US Federal Reserve’s first interest-rate hike of 2023 is smaller than those that preceded it, policymakers have signaled that more increases are on the way, despite slowing price growth. But there is good reason to doubt the utility – and fear the consequences – of continued rate hikes, on both sides of the Atlantic.