The justification for low interest rates is no longer to save banks, but instead to goose the stock market

The justification for low interest rates is no longer to save banks, but instead to goose the stock market

The justification for low interest rates is no longer to save banks, but instead to goose the stock market as an indirect way to create jobs. And now, mutual and hedge-fund managers are scrambling their brains trying to figure out when rates will rise, trying to outguess the Fed and other investors. So what is your take on the timing of this turn? Write at least two paragraphs.

……………………..Answer preview…………………….

The timing for predicting the rise in interest rates is right because the prices had become constant after the exit of UK from the European Union. Therefore, the constant rate is likely to rise rather than decrease. Other indicators include the development of the Chinese economy and decrease in inflation in the US currency. The Fed has also predicted an increase in the rates basing on their analysis……………………..

APA

115 words