Finance Homework

Since we have seen how interest rates impact us on a personal level, do you think Federal Chairwoman Yellen's response to weak inflation the correct move? If so, how do you think this affects banks/financial institutions, local communities and the global community? The article may be brief - however it provides some insight of where we might be going....

Yellen says gradual rate hikes should continue, despite weak inflation

https://www.investing.com/news/economic-indicators/yellen-