The FOMC's decision to lower the rate to zero was made on Dec 16, 2008, almost eight years after the 2008 financial crisis and the Great Recession, which ended in mid 2009. President Donald Trump' s proposed infrastructure spending plans, tax cuts, and reduced regulations are expected to stimulate economic activity, leading to inflation. However, most financial entities such as banks, insurance companies, brokerage firms, money managers, will benefit from rising rates due to increased margins, while consumption and investment will decrease.