Grawe Weighs In On What Could Raise Deposit Rates
Nathan Grawe, associate professor of economics, took part in a panel with four other higher ed experts on MoneyRates.com, published on Sept. 23, answering the question “What will raise deposit rates first, growth or inflation?” Grawe said “In the short run it is likely to be growth that drives rates higher because the depressed economy will keep a lid on inflation. But when the economy begins to improve, then we have a real question of how the Fed will unwind its balance sheet.”
Nathan Grawe, associate professor of economics, took part in a panel with four other higher ed experts on MoneyRates.com, published on Sept. 23, answering the question “What will raise deposit rates first, growth or inflation?” Grawe said “In the short run it is likely to be growth that drives rates higher because the depressed economy will keep a lid on inflation. But when the economy begins to improve, then we have a real question of how the Fed will unwind its balance sheet.”