Are interest rates really going to keep rising sharply?
- Written by Supriya Kapoor, Assistant Professor of Finance, Trinity College Dublin
For anyone trying to understand where interest rates and inflation are heading, it has been a strenuous few days. Jay Powell, chairman of US central bank the Federal Reserve, warned senators he may have to do more to fight inflation than expected, indicating the prospect of interest rates rising more sharply again. Similarly Christine Lagarde, his...