As interest rates hover near 10%, millions of Americans are facing a defining economic question: is this policy a necessary lifeline to control inflation—or a long-term trap that risks crushing households, businesses, and future growth? On The Global Verdict, host Emily Carter leads a rigorous, debate-driven examination of how high interest rates are reshaping the U.S. economy and affecting an estimated 47 million Americans.
This episode unpacks the rationale behind aggressive rate hikes, the impact on mortgages, credit cards, and small businesses, and the broader consequences for inequality and financial stability. Drawing on global comparisons and historical context, the discussion weighs whether tight monetary policy can truly restore balance without triggering deeper social and economic strain.
From central bank credibility to political pressure, and from inflation control to recession risks, this debate goes beyond headlines to explore what 10% interest rates really mean—for the U.S. and for a global economy watching closely.
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