By then the economic data might make a stronger case for a rate rise, he added.

Now Fed officials are saying that a rate rise is on the horizon.

Home builders, particularly small developers, are also concerned about the rate rise.

Last month the number of members calling for a rate rise increased to three.

The second half of the rate rise would then come at the actual meeting on Sept. 24.

A rate rise might also help on the house prices front by bringing more homes to the market.

The markets reckon a rate rise in May is a given.

But the losses are not expected to lead to a rate rise.

If the crime rate rises, people may have to buy more security devices.

With each rate rise, businesses that are about to boom slow down instead.