When it comes to the cost of capital, the concept of “higher for longer” interest rates have been a dominant theme in markets for over a year now. This trend is likely to persist, even amidst expectations of central banks implementing a series of interest...
For the past several decades, higher rates have not typically been linked to recessions. On the contrary, Federal Reserve chairs have often been criticized for keeping rates at excessively low levels for too long, leading to the dot-com bubble and the collapse of the...