On September 11, 2001, the terrorist attacks on the United States brought about the deaths of approximately 3,000 people. While the loss of life was the most devastating effect of these attacks, there were also long-term financial effects.
Offer an argument for why the 9-11 terrorist attack on the U.S. could place downward pressure on U.S. interest rates. Reconsider your argument and offer an argument for why the terrorist attack could place upward pressure on U.S. interest rates.