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Unpredictable consequences
(7 must point to read)
✔ “The events of March are a vivid example of how the sharpest rise in major market interest rates since the 1980s can (and likely will continue to) have unpredictable consequences.”
✔ “China opening, lower energy prices, swifter rate cuts to provide positive offsets.”
✔ “US economic growth has proved to be much more resilient to higher interest rates, energy and other input costs than many expected.”
✔ “The big question going forward is whether the US economy’s resilience to higher rates and recent bank and financial volatility is sustainable or if the impact is just delayed.”
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