Can you imagine my surprise when during my commute to MTS this morning; I heard there is a great possibility that the “Fed” would be raising interest rates as early as September?! Oh NO! I immediately wondered how this course of action would affect me. Just when I thought I had it all together with my financial plan, I get this news. Thank goodness I listen to NPR!
When I arrived at my office I immediately google “the fed to raise interest rate,” and navigated to the New York Times website, which has several articles and videos on the subject:
http://www.nytimes.com/2015/07/30/business/economy/federal-reserve-meeting-interest-rates.html?_r=0
If you haven’t taken advantage of your free financial advising session with a professional that MTS offers to all of their master level students, you may want to reconsider now. I know I’m going to talk to mine.
Peace
