RATE INCREASE

Fed Raises Interest Rates, Signals One More Increase This Year – The Wall Street Journal. https://www.wsj.com/articles/fed-raises-interest-rates-signals-one-more-increase-this-year-1537984955

Given the strong economic growth, the raising of interest rates makes sense to stabilize growth. Growth is always a good problem to have, but economists always look for sustainable growth. Boom this year, bust next year is not ideal. But, our economy can still growth at a stable rate even with the increase cost of borrowing funds.

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