Rising Interest Rates: A Ticking Time-bomb For U.S. Economy

9:13 AM

First published by Money Metals here: https://www.moneymetals.com/news/2018/10/08/feds-interest-rates-time-bomb-us-economy-001631

One of the worst things for an over-heated and extremely leveraged economy is rising interest rates. So, with the recent 2-2.25% interest rate, big trouble is on the horizon, Also, with higher interest rates, the U.S. Treasury will have to fork out even more money to service its debt. In just a little more than two years, the U.S. Fed Funds Rate jumped by nearly 2%.

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