Bauer Research Examines Real Cost of Raising Rates
It's long been common practice for the Federal Reserve to raise interest rates in order to keep the economy from heating up too quickly — hence the recent rise by a quarter point in December and projections for more gradual increases in 2019. But a study by Bauer College Assistant Professor of Finance Kevin Roshak and doctoral students Don Carmichael and Dimuthu Ratnadiwakara raises questions about the cost of doing so.
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