Description: Even as prospects for the American economy brighten, consumers are about to face a new financial burden: a sustained period of rising interest rates.
Source: NYTimes.com
Date: 04/10/2010
Link: http://www.nytimes.com/2010/04/11/business/economy/11rates.html?ref=business
Questions for discussion:
- Summarize the predictions made in this report.
- What affect they are expected to have on consumer spending.
- Do you agree with these views?
- What other factors will also likely influence consumers?
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