It should but I don't think it will. There may be one slight increase late in the year or early next year but with next year being an election year, I don't see any big moves getting made until after the election.

Then, look out.

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You know me like that.

Hillary is gonna be the next pres

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the world will always the world. your entire existence is defined by your response.

For those that invest in stocks which its hard to tell who does or doesn't on this forum, when interest rates rise it helps financials institutions like banks! Bank Stocks such as JPM, Citibank, etc... make money from the spread of the government rate and lending rate they give to consumers. Banks cannot use persons deposits on risk investments like stocks so they are regulated and can buy govt guaranteed t-bills which if the interest rates rise the profit rises for the banks. The banks lend out money or allow for customers to deposit to short term investments like CD's which the banks gives the consumer 1 rate and makes a much rate and the swap from lending that money out through consumer mortgages or t-bills. So in conclusion for those that invest in stocks banks and financial institutions are good investments in rising interest rate environment... In turn utilities like electric or gas companies are bad investments in a rising interest rate environment because cost of borrowing will go up for businesses in the utility sector.

/polster

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"You know 'that look' women get when they want sex? Me neither" ~Steve Martin

The Fed cannot raise rates in any appreciable way for the next million or so years.

Sorry.