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Rising interest rates could also hurt corporate profits through higher borrowing costs. Individuals can expect to earn a bit more on cash, though the tradeoff is likely higher rates on consumer loans and mortgages. Low interest rates have contributed to soaring real estate prices, which is great if you're a seller.Americans are still flush with cash following massive fiscal stimulus programs to support the economy during Covid-19.
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JPMorgan says supply chain pressures are easing, time to buy S&P 500 and these stocksNew for subscribers: JPMorgan says supply chain pressures are easing, time to buy S&P 500 and these stocks. Check out CNBCPro today.
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