But, I Thought You Said....

Hello People.
Here it comes. Interest rates are starting to creep up. We do not know if this is a trend or a blip.
Last week the fed raised the discount rate from .5% to .75% and claimed it would have no effect on interest rates. Wellllllllll, it looks like that was a little misleading, or at least naive. We will see.
Click on the title to see what the Wall Street Journal has to say.
God Bless