You are the financial manager of a company of your choice. You have been asked to share with a group of college interns the process of interest rate determination and how it affected the economy 10 years ago compared to now. You will also predict what may happen with the economy (and interest rates) 10 years from today.
From a financial manager perspective please explain and discuss the following:
- Discuss how the process of interest rate determination affected our economy ten years ago versus today.
- As finance manager of a company of your choice, predict what may happen with the economy (and interest rates) 10 years from today.
- Select at least two additional economic indicators such as inflation, unemployment rates, retail sales and the yield curve to make and explain your prediction.
- Be sure to give real world examples and cite your source using proper APA format.