Interest Rates – Going Up?

It appears the Fed is finally ready to move away from its Zero Interest Rate Policy! I say it’s about time.

Zero creates a real challenge for many of my clients. It is very difficult to get an even remotely reasonable low risk return for their savings.

Unfortunately, the Fed’s policy change may not result in much of a change for savers or borrowers.

The rest of the world is dealing with even lower rates and overall the world economy probably is not bad, but it’s definitely not robust.

As a result, we’re likely to see only a couple of quite modest bumps in short term interest rates. They may not even be enough to have much of an impact on longer term rates.

Questions, Concerns, Comments, Thoughts – Let me know.