The looming news about a federal interest rate hike might sound discouraging to some, but one local investment professional says it’s actually a positive sign. “Generally speaking, the increase is a good sign for the economy,” said Bob Willis, CEO and chief investment officer at Willis Investment Counsel in Gainesville. “It means the federal government feels the economy no longer needs a crutch.
Federal interest rate hike means economy 'sufficiently strong' to absorb it
Economy added 211,000 jobs in November