• What Is a Rising Rate Environment?

    2 monthes ago - By Business

    When the economy booms, it runs the risk of inflation. To combat inflation, the Federal Reserve raises interest rates, thereby making money more expensive to borrow and discouraging cash flow throughout the economy. This fight against inflation is what causes the rising rate environment, and while it's beneficial to the economy as a whole, you could end up paying higher interest rates over time on an adjustable-rate loan.
    "We're coming off a period of the lowest interest rates we've had in what, 40 or 50 years?" said Mark Cussen, a financial expert who regularly contributes to the online...
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