What If Fed Rate Hikes Are Actually Sparking US Economic Boom?


Found this article below quite interesting. Attributing increasing interest rates to an economic boom is tantamount to saying pressing the brakes on a car is now making it go faster, but after reading this I’m starting to believe it.

https://www.bnnbloomberg.ca/what-if-fed-rate-hikes-are-actually-sparking-us-economic-boom-1.2059605

Edit – TLDR main points of the article:
1. People are now earning more interest from savings accounts and bond investments and thus have more disposable income.

  1. Many have locked in at historically low 30 year mortgage rates in the US therefore shielding them from the effects of increased interest rates.


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