Get used to higher interest rates
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Interest Rates and Economic Dynamics
This chapter examines the implications of the recent interest rate hike amidst the ongoing debate between doves and hawks in monetary policy. It discusses the challenges faced by homebuyers, businesses, and the banking sector due to increased borrowing costs, highlighting the interconnectedness of these dynamics. The chapter also reflects on the uncertainty expressed by financial experts regarding future economic conditions and the complexities of monetary policy.
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