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.

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.