Research ReportCRS InsightVersion 1
IN12388
Why Is the Federal Reserve Keeping Interest Rates “High for Longer”?
Published Jul 3, 2024Updated Jun 21, 2025
Full report
What this is
The Congressional Research Service is a nonpartisan policy and legal analysis arm of the Library of Congress. CRS reports are written for members of Congress and their staff, not the public — but they’re made available openly through Congress.gov.