Higher interest rates are good for savers, good for the dollar, and good for oil prices.
Don’t borrow what you can’t afford to pay back.
> Higher interest rates are good for savers... <
Yep. Back when the Fed was lowering rates, some people were complaining about that. This was hurting seniors, they said, because many seniors depend on CD interest. Why doesn’t the Fed care about seniors?
I guess it all depends on whose ox is being gored.
Not if they're accompanied by even higher inflation.