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  • About PACB
    • Our Team
    • Board of Directors
    • PACB Services, Inc.
    • Hall of Fame
    • PACB Headquarters
    • Contact
  • Membership
    • Benefits of Associate Membership
    • Become An Associate Member!
    • Member Listing
    • Member Login
    • Sponsorship & Exhibition Opportunities
    • PACB Job Board
    • PACB Board Portal Access
  • Advocacy
    • PACB Advocacy and Issues
    • Legislative Events
    • Legislative Update Calls
    • FIRSTPAC
    • Grass Roots Lobbying
    • ICBA Community Bank Advocacy
  • Education
    • Education & Event Calendar
    • Knowledge Hour Series
    • Webinars
    • NextGen"U"
    • PACB Foundation Scholarships
    • Sponsorship Information
    • Center for Financial Training
    • SBS Institute Certification Programs
  • Communications
    • PPP News & Information
    • News
    • Coronavirus Resources
    • Consumer Services >
      • Consumer Tips
    • Hometown Banker Magazine >
      • Advertising Opportunities
      • Transactions Archives
    • Hometown Banker Website
    • IMPACT Awards
    • Social Media
    • Photo Galleries
    • Video Collections

Consumer Tips

Rising Interest Rates Present Opportunities & Challenges

1/17/2017

 
Picture of stacks of coins growing from left to right like a staircase with a red upward arrow and red percentage symbol floating above the stacks
​In December the Federal Reserve raised interest rates for just the second time in the last seven years.  While the details of how much and when the Fed changes interest rates are subject to the speculation of economists, one thing is certain: a rise in interest rates has a definite effect on consumers.  And, with the Fed signaling its intent to raise rates several more times throughout 2017, consumers should consider the potential impact that a rising interest rate environment can have on their wallets.  These tips are intended to help you do just that.


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