US Economy Can Keep Growing Despite Higher Rates, Says House

Sarah House, Wells Fargo's chief economist, said Federal Reserve Chair Kevin Warsh may use an upcoming Jackson Hole speech to address longer-term questions facing the central bank rather than signal near-term interest rate decisions. House discussed alternative economic data, the Fed balance sheet, and Treasury yields in an interview with Bloomberg. She stated the U.S. economy continues to show resilience despite higher interest rates.

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