AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Interest Rates and Debt: An Economic Dilemma
This chapter explores the effects of rising interest rates on private sector debt and the possible repercussions for the U.S. economy, highlighting risks of a debt crisis for both households and businesses. It also examines the challenges faced by emerging markets and Europe amid a high debt environment, emphasizing the urgent need for strategic policy interventions.