What goes up, must come down: a raise in interest rates will bring the economy down

This past week the Federal Reserve was meeting to determine if they would raise interest rates indirectly by raising the federal funds rate.  The FED has not raised the federal funds rate for almost a decade.  If the federal funds rate is raised, it will impact the banks' interest rates on all loans.  Banks will … Continue reading What goes up, must come down: a raise in interest rates will bring the economy down