Imagine that you are in your 40s and a CEO of your own business. What is your business like? (2) Suppose the Fed raises the federal funds rate 0.5% in May 3-4 FOMC meeting, how do you think your business is affected by that decision?  

How would the demand of your customers change? Consider the direct effect on consumers' borrowing costs and indirect effects on inflation. 

 How would the current interest payments (borrowing costs) of your business change? 

 In order to remain competitive in the market, your business has to adopt cutting-edge technology in the industry. Your competitors are considering such investment. Would you like to invest more despite of the higher borrowing costs?

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As the CEO of my business in my 40s lets say I run a technology company specializing in artificial intelligence software development My business My co... View the full answer