Federal Reserve Chairman Janet Yellen says it's safe to keep raising a key interest rate.
"Overall, we continue to expect that the economy will expand at a moderate pace over the next few years."
What does that mean for you and me? Invest your money; don't let it rot in the bank.
America's Money Answers Man Jordan Goodman says Yellen will probably raise the rate a quarter point one more time this year.
"She's seeing inflation rising at a lower level than before -- currently 1.4% and they're looking for 2% -- and therefore she may raise interest rates more slowly than people have talked about before and that's why the stock market took off like a rocket."
Goodman says we should put our money to work. He says a good, safe investment is a commercial mortgage bridge loan.
"With a commercial mortgage bridge loan they get a 6% yield over a one year time frame, they get monthly checks and get their money back at the end of the year and that's a lot better keeping the money in banks pretty much earning zero."
The Fed could be planning three rate hikes in 2018, but Goodman says he expects President Trump to appoint a new Fed Chairman when Yellen's term expires in January.