Rising interest rates good news for Boomers, not for Millennials
Robert R. Johnson
Interest rates influence each of our lives in important ways, but depending on your age, the result can be quite different.
Since the Great Recession, the Fed has pursued an expansionary monetary policy — one with low interest rates, incentivizing borrowing and spending over saving.
Rowand, Michael, "Rising interest rates good news for Boomers, not for Millennials" (2016). In the News. 1661.