And you could not get anywhere close to 5%without a super robust economy and a significant supply-demand imbalance.  Demand for most products and services is relatively stable or at most increasing at a very modest pace. And with technological advances and increased production at the ready for most things, supply is ready to meet almost any new demand. If prices don't rise significantly, wages will not and neither will demand. A 5% interest rate is just not in the cards. Neither is 4% and even 3% is a stretch. And themore the Fed raises the Fed Funds rate, the less rates will rise, if at all. Bank on it.