Recently the Feds have begun to raise interest rates. Do you support this shift in policy?© BrainMass Inc. brainmass.com March 5, 2021, 1:51 am ad1c9bdddf
I support the increase in interest rates. The current FED rate is very low at 1.00%. The FED rate was lowered to increase liquidity during the recession. It had remained low at 0.25% for nearly 10 years(1). Now, that economic recovery has started, the rates must be increased to a reasonable level. The increase in interest rates ...
The response provides you a structured explanation of the increase in interest rate by Federal Reserve . It also gives you the relevant references.