In earlier times they would reduce interest rates, but now that rates hover around zero, that remedy is unavailable.
Now that rates are very low, companies have been urging Congress to permit them to use higher rates, at least temporarily.
The appreciation of the dollar in anticipation of rising interest rates has hurt them, but now that rates are heading up, the dollar may reverse course.
The issue is of particular importance now that rates of childhood obesity are soaring throughout the country, influenced in no small way by commercial interests.
The Federal Reserve found it would have to lower short-term interest rates by 40 basis points to soften the impact of bigger capital buffers on growth an impossibility now that rates are, in effect, at zero.
What you missed if you believed that the bond vigilantes were coming any day now, that rates would soar as soon as QE2 ended, and all that: Betting on Bernanke yields 28% return on treasuries.
Annaly was hurt previously by rising short-term interest rates, but now that rates are coming down it should prosper.
Now that rates have gone up, there are many other attractive investment vehicles like corporate bonds offering similar rates of returns.
Treasuries are no haven either, offering little upside now that rates have fallen so low, and the risk that prices would tumble if inflation kicks up.
Yet now that rates have been rising (the 10-year Treasury yields 1.35 points more than in June, and home loan rates have jumped, as well), she has had to make adjustments.
