8. As the treasurer of a manufacturing company, rates. You plan to borrow funds and may us you should your task is to forecast the direction of interest cast of interest rates to determine whether btain a loan with a fixed interest rate or a floating interest rate. The following e the fore information can be considered when assessing the future direction of interest rates: Economic growth has been high over the last two years, but you expect that it will be stagnant over the next year. Inflation has been 3 percent over each of the last few years, and you expect that it will be The federal government has announced major cuts in its spending, which should have a The Federal Reserve is not expected to affect the existing supply of loanable funds over the The overall level of savings by households is not expected to change. about the same over the next year. major impact on the budget deficit. next year