by Moe Zulfiqar, Profit Confidential:
Interest rates in the U.S. economy have been remarkably low since 2007. We’re now hearing many analysts and pundits suggesting they will rise sometime this year. Unfortunately, there isn’t an exact time given, but when we look to the Federal Reserve, it seems very adamant about it, too.
Officials at the Federal Reserve are continuously warning that higher interest rates are coming. The most recent example would be the comment from the president of the Federal Reserve Bank of Cleveland, Loretta J. Mester. Regarding raising interest rates, she said, “I want June to be a viable option.”(1)
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