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The U.S. period of inflation has weakened the banking system. The public is asking for increased interest rates. What do you predict will happen? Select

The U.S. period of inflation has weakened the banking system. The public is asking for increased interest rates. What do you predict will happen? Select answer from the options below Raising the interest rates may determine which banks are strongest in the U.S. economy; the resulting failed banks will be merged with larger, healthier banking institutions. Raising the interest rates may weaken the banks even more, but it is necessary to maintain the value of the U.S. dollar so it does not negatively impact other countries. Raising the interest rates may strengthen consumer spending, since people will likely purchase larger luxury items during this time. Raising the interest rates may ensure that the central banks respond to changes in the U.S. financial system and make similar changes in other countries

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