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11/08/2018

Investors Find Higher Interest Rates Beneficial

A majority say reaping the benefits of a higher yield on their savings is the best thing

President Donald Trump has said he doesn't like the Federal Reserve's decision to continue to hike interest rates, but many Americans disagree.

As another open market committee meeting of the Federal Reserve gets underway, recent signs of rising inflation, which pushed the central bank into hiking rates beginning in 2015, aren't necessarily bad, some investors say in a new poll.

Rising rates are generally considered an indication that the economy is doing well, and often pave the way for pay raises and a better return on savings.

Please select this link to read the complete article from CNBC.

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