A slice of post-rate hike life
Today’s rate hike was just a quarter of a percentage point. Maybe not that big a deal in and of itself. But the economy doesn’t work just in and of itself. It’s got that human factor to deal with. How we feel about what’s going on including the Fed raising rates, even a measly quarter point.
So we went out to a small business in Los Angeles before the announcement was made. We’ve been there before in fact. It’s called The Pie Hole. Founders Sean Brennan and Lindsay Heffner opened the cafe in 2011 when the recession was still weighing down the economy in hopes that people would want comfort food in times that weren’t so comforting.
We went over there to hear what they had to say about one of the biggest signs so far that we’ve have firmly left the recession in the past.
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