What it could mean for the Fed to lose its independence Economists worry that a loyal Fed that sharply cuts short-term interest rates could result in higher inflation and, over time, higher borrowing costs. admin-truth Posted on 4 weeks ago Economists worry that a loyal Fed that sharply cuts short-term interest rates could result in higher inflation and, over time, higher borrowing costs. Post navigation Previous: Pope demands end to the ‘pandemic of arms’ as he prays for victims of Minnesota school shootingNext: Ships carrying aid, activists, and celebrities to set sail from Barcelona to Gaza Related Stories FBI fires agents photographed kneeling during 2020 racial justice protest, AP sources say admin-truth Posted on 22 hours ago Army World War II veteran celebrates 103rd birthday admin-truth Posted on 22 hours ago Free speech advocates rally behind journalist detained by ICE admin-truth Posted on 22 hours ago