27 Feb 2015 How Will Higher Rates Impact Your Investments?
Posted at 16:50h
in The Friday Brief
Last week during her Congressional testimony before the House, Fed Chair Janet Yellen did a good job of expressing the Central Bank's view that interest rates needed to rise eventually and she did so without jarring the markets. Since the financial crisis of 2008 and 09 the Federal Reserve has pulled out all the stops to keep the US economy moving ahead. The last and most controversial phases of their policy were labeled QE1, 2, and 3, short for Quantitative Easing.