Why Fed rate increases are hitting all at once4 min read . Updated: 19 Mar 2023, 07:57 PM IST
Tighter credit and the rising cost of deposits are squeezing banks — and the wider economy
Everyone knows that the effects of interest-rate increases come with a time lag. It’s tempting to think it’s like pressing the brake in a car: Central banks push the pedal a bit, then a bit more and eventually the economy steadily starts to slow down.
Select your Category