Interest Rate Watch

Interest rates have been at historic lows for several years now. With recent rumblings from the Fed about the future of the stimulus program and economic pundits stoking the rumor mill, the big question in the financial world is when will this change? Citing improvement in economic barometers, many think rates are bound to go up in the near future.

Still, others feel the complex array of statistics give mixed signals. Either way, the Fed’s current policy is complicated even to industry insiders. According to Bloomberg, “The Federal Reserve is trying to change as little as possible as it crafts its strategy to exit from record stimulus. The trouble is financial markets have changed so much that the still-developing plan may prove costly and ultimately unworkable.”