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

Opening Argument

agsragsr 812 Pts
edited May 2017 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%
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Arguments

  • 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 
    WhyTrump - a good question
  • ale5ale5 225 Pts
    I agree that interest rates in this case will be a strong signal of economic recovery.
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