Much more of a rise in interest rates will much more stress the U. S. government’s budget because of the interest payments on the national debt, and the rising prime interest rate by the Fed is apparently being justified because of inflation (just the threat of it) being caused by the rise in wages thanks to president Trump’s agenda, yet the Fed can break the U. S. government by raising the interest rate far higher than merited, saying it’s because of full employment and just a slight upward pressure on prices!
