DW Business - News June 14, 2018
And inflation thats finally nearing the feds target level but the move also means consumers and businesses will face higher loan rates over time and i want to bring in our financial correspondent in new york now you say yes how is this news going down there on wall street. Well we see a mixed reaction here on wall street slightly to the downside higher rates are good news for Financial Institutions so bank stuff for example trading to the upside on the other side higher Interest Rates or could also drive for Mortgage Rates higher and that does put some pressure for instance on the Housing Stoc...