U.S. economy will see ‘more things break’ in 2025 if rates stay high: Strategist
Federal Reserve Bank Chairman Jerome Powell speaks during a press conference at the bank’s William McChesney Martin Building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images The U.S. economy could be headed for stormy waters in 2025 if the Federal Reserve doesn’t take action on interest rates soon, State Street’s head…