The Expectation Game
Recent news from the head of the FED Janet Yellen has led to an increase in confidence that interest rates will be raised. The meaning behind the potential rise of interest rates is two-sided. While some are scared and unsure about the implications of the increase, others see the positive side of what the increase actually means. In 2008 when the U.S. experienced the Great Recession, the FED dropped the interest rate to zero. By dropping the rate to zero, the FED intended to get the economy back on its feet. More than 6 years later the rate has barely Continue reading The Expectation Game