Fishkind Conversations: How Rising Interest Rates Affect Central Florida
As expected, last week the Federal Reserve confirmed its plans to raise interest rates and shrink the money supply as soon as early March.
Financial markets reacted with rising rates, falling stock prices and increased volatility…but the outcome of all this may mean decreased inflation.
WMFE’s Nicole Darden Creston asks economic analyst Dr. Hank Fishkind how soon the rates will rise, and how that will affect Central Florida.
Click the Play Audio button to hear their conversation.