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No Rate Increase Again
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Jesse1234
Posted 9/21/2016 14:31 (#5541262 - in reply to #5541196)
Subject: RE: No Rate Increase Again


There is no need for an interest rate hike. The economy is still having trouble and people need to start borrowing more and spending more money for investments and growth to get things going. I personally think that people are very nervous and scared to spend and invest. 2008-2009 was very hard on people's nerves and pocket books I get it but people need to get on with it and get in the game. Until that happens interest rates need to stay low and maybe even go negetive to force people to invest and build instead of putting money in the bank.
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