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1-2 page paper, use MS Word, APA style Topic: The Federal Reserve Why is the Fed raising rates? How are/will increased rates impact the economy?

1-2 page paper, use MS Word, APA style

Topic: The Federal Reserve

Why is the Fed raising rates?

How are/will increased rates impact the economy? (Detail at least 2 impacts to the economy)

Describe and detail 2 ways that an interest rate increase can impact personal finances for individuals like you and me.

Extra credit: provide a paragraph or two with details regarding how increasing interest rates could impact or change your financial plan.

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