The Interest Rate Storm: Understanding the Causes and Consequences Central banks around the world have been raising interest rates at an unprecedented pace in recent months.
This has sent shockwaves through financial markets, causing bond yields to soar and stock prices to plummet.
The main driver behind this trend is inflation, which has reached a rate not seen in decades due to supply chain disruptions, wage growth, and strong demand. What's Driving Interest Rate Hikes?