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Question: The interest rate has an impact on the stock market, and it affects the housing market. As of May 24, 2021, the financial news has been reporting that inflation is being found within many industries in America. In the past, whenever we have had inflation in America, The Central Bank has raised interest rates to 'choke' off the economy to cool inflationary pressures. If the Central Bank does increase the interest rates, what do you think will happen to the stock market and why? What will happen to the housing market and why? Will this be good or bad for the economy, and why? Will this be bad or good for baby boomers who have or will be recently retiring? Will this be bad or good for those just6 now entering the workforce? Perhaps you might think that the Central Bank will not raise interest rates because global competition can keep inflation in check, but from what I hear in the financial news, there are shortages of goods worldwide.
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Someone is going to give you money because you are awesome! They have given you three choices: Option A - They will give you $205 today.
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