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Now that Fed will raise interest rates in March, how will that impact economy?

agsragsr 355 PointsPremium Member
edited May 15 in Economy
Finally Fed said they will raise the interest rate.
  1. will it help?3 votes
    1. Yes
      100.00%
    2. No
        0.00%

Comments

  • WhyTrumpWhyTrump 126 PointsPremium Member
    Premium Member
    It will have mixed impact, but overall should help, especially financial services Banking sector since they rely on higher interest rates for part of their revenue.
    I think that most importantly it will also reflect optimism in the overall economy, driving up equity prices based on future expectations 
  • ale5ale5 89 PointsPremium Member
    Premium Member
    I agree that interest rates in this case will be a strong signal of economic recovery.
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