Posted 4/26/2022 21:43 (#9633825 - in reply to #9632870) Subject: RE: Increasing interest rate to stop inflation????
Rates need to be increased, if nothing else people that have money in the bank deserve a fair return. It'll never get high enough to be a fair return but the near zero rates that banks are paying now are an insult. There's no reason for rates to not go up a couple points. An increase might even wean a few people off of borrowing for everything.