In March 2018, the Federal Reserve on Wednesday lifted its key interest rate from 1.5 percent to 1.75 percent, the highest level since 2008. The move, the central bank's first major decision under new Chairman Jerome H. Powell, was widely expected as the U.S. economy continues to strengthen and stock markets remain near record highs.
With continued improvement in our economy, how would you expect the adjustment of Fed policy on the interest rate? Do you think we have reached the peak of the economic expansion and should prepare ourselves for another recession? If we continued lifting our interest rate in the near future, how would you expect the impact to our economy and to your investment (IRA, 401K)?