Warning: Fed Funds Rate Hikes Could Harm Job Market Recovery
The Federal Reserve is trying to raise interest rates to normal levels, but it might not be a good idea. The reasons they give for doing this don't make sense. Even though they say the job market is doing well, there are still millions of jobs missing. And inflation rates are very low, with no sign of going up soon. Raising interest rates might not help with risky financial behavior or make the economy more stable.