What if Fed rate hikes are actually sparking US economic boom?
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Some Wall Street analysts speculate that recent interest rate increases by the Federal Reserve might be contributing to the US economic boom rather than hindering it. They argue that the rate hikes are providing Americans with a significant stream of income from their bond investments and savings accounts, which is driving up demand and boosting growth. This theory is considered radical and goes against the traditional belief that higher rates choke off growth. However, the evidence of strong economic performance and increased income from higher rates is becoming difficult to ignore. While the majority of economists and investors still believe in the traditional principle, some are starting to consider this alternative theory.
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https://timesofindia.indiatimes.com/business/international-business/what-if-fed-rate-hikes-are-actually-sparking-us-economic-boom/articleshow/109350709.cms