The Fed is about to make Millennials poorer
Robert R. Johnson
Despite the Federal Reserve’s announcement today that it will hold interest rates steady, a US rate hike is almost certainly coming (paywall) before the end of the year. That’s great news for Baby Boomers, but terrible news for their Millennial children.
Sarah Mangla, Ismat, "The Fed is about to make Millennials poorer" (2016). In the News. 1666.