Cobb County's Business People Comment On Interest Rate

INTERVIEW WITH BAER WEALTH MANAGEMENT'S PERSONAL WEALTH ADVISOR, MARK BEAL

September 2015

Q: What decision on interest rates will the Fed announce today? 

A: While it is impossible to predict due to the many factors involved both domestically and globally, I believe the Fed will again delay raising rates. 

Q: In your opinion, what should they do? 

A: There are strong arguments on both sides, but it is time for the Fed to begin the process of slowly normalizing interest rates. 

Q: What is the most visible impact an interest rate hike will have in Cobb County? 

A: Anyone with money in the market or savings accounts, or looking for mortgages or car loans will be impacted. Put simply, it will get a little better for savers and a little harder for borrowers. 

To read the original article, click here.