When Interest Rates Rise
With the Federal Reserve now unwinding their bond purchasing program known as quantitative easing, it’s likely that the Fed will start to raise short-term interest rates at the end of 2015 or the beginning of 2016 (assuming no new information). Now that we ‘know’ that the Fed will raise rates, what will happen when interest rates rise? The short answer is that it depends. I know that’s an unsatisfying answer,… Read More