Posted on Nov 6, 2018

Oakmont Capital Services, LLC

INTEREST RATES RISE
Equipment costs are rising and will only continue to increase into 2019; this is a valid selling point to discuss with your customers to save them money in the long run.

Many outside factors are influencing the market as well, including the recent raising of interest rates by the Federal Reserve. Consumer and commercial interest rates are likely to rise by 25 basis points and economists predict that the Federal Reserve will raise rates one more time in 2018.