Quote:
Originally Posted by KC911
^^^ For lots of reasons that I've held for years. By your logic...should they have ever risen from 0? Inflation...just one facet imo. Not for me, a true fiscal conservative imo, to decide anymore....or I would  ! Go ahead....make me king....or....King Tabz....yer pick....LOL  . |
They were to low for too long. Now they are within a gnats azz of where they should be.
Why should they be increased? There is no inflation. The economy is not overheated. Why increase rates and cause the cost of everything to increase. Cost or cars. Cost of homes. Why increase the cost of doing business? Why increase the cost of debt servicing. The dollar is already strong compared to the rest of the world which hurts exports. Why raise rates, further strengthen the dollar, and make our exports even more expensive?
In the current environment rates are fine where they are.