“The world is an ever-growing economy: an economy that follows long and short term cycles. This ensures economic unrest as well as economic growth, one after another. To understand our current economic state, it is imperative we understand the very factors that cause these cycles. Among these, I will be discussing Federal Funds Rates and their relation to inflation- as they are most crucial to our current situation. Let us take a look at how the current raising of rates would affect the economy in the short term and pan out in the long term.”