The Latest on Interest Rates and What it Means for the Lower Middle Market
Interest rates were expected to possibly move in 2019, like they did at the end of 2018. Now, that appears to be on hold, de facto, by the man in charge of hikes or drops. Federal Reserve Chair Jerome Powell’s initial comments on the possibility of movement in the interest rates occurred last week. Following the conclusion of a recent multi-day meeting with the Fed, Powell implied that there would be no more interest-rate hikes in 2019 and that the U.S. economy’s growth was s
