Wednesday, December 14, 2016

Federal Reserve raises interest rates 0.25%, December 14, 2016


Interest = 38/47/110



Homes are less attractive with higher interest rates.
Savings accounts are slightly better.
Slightly less reasons to invest, more reasons to save.


I don't recall them changing the interesting rate in December of 2015.  I remember them flirting with the idea, but not doing it.


http://money.cnn.com/2016/12/14/news/economy/federal-reserve-rate-hike-december/index.html

Again, there is that stat, that the nation has added more jobs for 74 straight months, which is the same as 6-years and 2-months.