The stock market has been a mess over the last couple of months. I guess after almost a decade of solid growth, it was time. Of course, our President has a different thought. He blames high interest rates. The President has been pushing the Federal Reserve to lower interest rates. They haven’t been listening. Currently the Fed rate stands at 2.25%. So, are interest rates too high?
Comparing Interest Rates To Recent History
In a quick answer, no. Interest rates are not that high at all. Of course, this takes some comparison.
Since the start of the 1990’s, interest rates have been higher than they are now more often than not.