Economy 52,861 Posted September 26, 2018 Share Posted September 26, 2018 https://www.bnnbloomberg.ca/fed-raises-key-rate-to-2-2-25-says-more-to-come-1.1143481 The Fed just raised the Key Rate from a range of 1.75% to 2% by 25 basis points now at 2% to 2.25% The US Central Bank says they expect to keep gradually rising Interest rates They also said they believe the neutral rate lies somewhere between 2.5% to 3.5% though they admit do not know exactly where it is at Link to post Share on other sites More sharing options...
Mr Judas 4,106 Posted September 26, 2018 Share Posted September 26, 2018 Is this good or bad ? Link to post Share on other sites More sharing options...
Woolfsmck 2,763 Posted September 26, 2018 Share Posted September 26, 2018 Just now, Mr V said: Is this good or bad ? Good if you loan money or have a savings investment.. Bad if you need to borrow money a lot... like a cat in a sil, I observe life, moving and still. My words give a clue,look inside to see whats true Link to post Share on other sites More sharing options...
Economy 52,861 Posted September 26, 2018 Author Share Posted September 26, 2018 12 minutes ago, Mr V said: Is this good or bad ? 11 minutes ago, Woolfsmck said: Good if you loan money or have a savings investment.. Bad if you need to borrow money a lot... Basically what Mr Woofie said ∆∆∆ Also good if u don't like the economy to overheat and trigger a big badda boom bust like in 2008... Link to post Share on other sites More sharing options...
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