Tim Stearns, CFP® discusses the impact of rising interest rates. Interest rates are a double-edged sword. We appreciate higher rates on saving, but rising interest rates have a negative effect on many other aspects of the economy and our investments. The Federal Reserve states that interest rates will continue to increase, potentially putting further pressure on the stock market and creating more volatility. Contact Tim Stearns, CFP® at (800) 640-2256 or visit the website at Tjstearns.com to review your plan for the future and understand the impact of rising interest rates.