Global interest rates seem poised to rise further as major central banks strike increasingly hawkish tones.
Not exact matches
The volatility of recent weeks would
seem to make it a less - than - auspicious time for the Fed to consider raising
interest rates, at least from a
global perspective.
As
interest rates and the
global financial markets shift, the safest places, and strategies, can easily
seem like a moving target.
But as theoretically sound as this reasoning might be, it
seems pretty clear to me that the effect of the mortgage
interest deduction on
global interest rates is likely immeasurably small, particularly in light of the many other factors that affect those
rates.
But
interest rates are poised for further hikes, and
global politics
seem loaded with event risk.
The
global house price bubble was a consequence of lower
interest rates, but it was long term
interest rates that galvanized home asset prices, not the overnight
rates of central banks, as has become the
seeming conventional wisdom.
With the Federal Reserve sticking with its lower for longer
interest rate policy in the face of
global economic headwinds and financial market turmoil, it
seems loan growth is poised to continue its expansion uninterrupted.