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Can Raising Rates Improve Economy?
Nothing says buy it now! like rates are going up!
Bankers got it all wrong low rates are bad for economy.
If consumers think rates are going lower they will wait to buy large purchases.
With the feds treating a rate increase home buyers are rushing out to buy before rates go up. If your planing on buying house, car or any big ticket item now is the time to buy. feds will be raisng rates 3 times this year
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
