These Three Industries Benefit the Most from an Interest Rate Hike

We all know that the FOMC meets on September 20 and September 21 to play the “to raise or not to raise interest rates” game. And there are a lot of officials at odds about it.

Boston Fed President, Eric Rosengren, has already made it crystal clear that he wants a rate hike – and soon – while others, like Fed Governor, Lael Brainard, disagree.

And on Monday, Brainard gave a speech stating that the case for raising rates is less compelling, citing concerns over the effects slowing global economies (such as China) could have on the U.S. economy.

But in the end, I’m going to be watching something completely different.

And if the Fed does agree to finally raise rates and actually sets a date to do so…

These three industries stand to gain the most.

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