Five reasons why interest rates can't go much higher
- Written by Alexander Tziamalis, Senior Lecturer in Economics, Sheffield Hallam University
It’s decision time for central banks on interest rates again. The US Federal Reserve and European Central Bank (ECB) are set to announce their latest decisions on Wednesday 14, while the Bank of England (BoE) will go a day later.
After years of ultra-loose monetary policies, the Fed in particular has been aggressively raising interest rates...