The Fed is determined not to reduce interest rates too soon, experts say — a mistake the central bank has made in the past
"The real danger here is that the Fed loosens prematurely, which is exactly what they did in the late 1960s," said Mark Higgins, author of"Investing in U.S. Financial History: Understanding the Past to Forecast the Future." "The risks of allowing inflation to persist still far outweighs the risk of triggering a recession," Mark Higgins, senior vice president for Index Fund Advisors and author of"Investing in U.S. Financial History: Understanding the Past to Forecast the Future,"
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