One might be forgiven for thinking from all the media headlines that when the U.S. Federal Reserve eventually raises interest rates the world will be going to hell in a handcart. Whatever happens at the Fed’s meeting this week (16-17 September) - hike or not - history shows that rate tightenings don’t always spell disaster.
One might be forgiven for thinking from all the media headlines that when the U.S. Federal Reserve eventually raises interest rates the world will be going to hell in a handcart. Whatever happens at the Fed’s meeting this week (16-17 September) - hike or not - history shows that rate tightenings don’t always spell disaster.
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