"Raising interest rates isn't poison." Higher interest rates are intended to slow down the economy by making borrowing harder. "Also, at the moment deflation

"Raising interest rates isn't poison." Higher interest rates are intended to slow down the economy by making borrowing harder. "Also, at the moment deflation isn't a bigger risk. It says right in the article inflation is slowly rising, not falling." 1.74% is very low, and on the wrong side of target inflation. ~3% inflation is considered historic, and we are no where close to getting there. not even a little bit. if that anemic .03 growth went even a smidgen on the wrong side of 0, that would be bad. so yeah, deflation is still a bigger risk.