Q: Do you think interest rates will move higher in the next few months as the economy starts to recover?

A: It is unlikely that the Federal Reserve will tighten interest rates until it is very clear that the economic recovery is sustained. Absent pressure from other central banks, there is little incentive for the Fed to change its current policy for the foreseeable future (6-9 months). In recent years they have focused policy on employment and inflation.
Despite the rapid improvement in unemployment in May, reaching full employment will be a long process. Inflation bears watching but remains within the Fed’s acceptable range.