Quote:
Originally Posted by Fuzz
How slowly? Is a quarter point per quarter to fast?
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It's a combination of speed, total amount, and relative position (where were we to start?)
Right now, rates are so low that a quarter point each quarter, for the next year, should be very doable without adverse effects on demand. But do a quarter point each quarter for 3 years and you have a problem. Or, if rates were already a percent higher than they are, a quarter point 4 times would be more painful.
But yeah, based on where we currently are, that pace should be fine, for a while.