In this blog Josh Levy of Ultimate talks to CreditMan about "Where are interest rates heading and what impact will this have on the specialist finance market?"
2022 was supposed to be the year in which the world fully recovered from the shock of COVID and returned to pre-pandemic growth trajectories and normalised trading conditions. Inflation was undoubtedly going to be a challenge, but it was largely attributed to supply-demand imbalances that were expected to unwind over the course of the year, with a little assistance from monetary policy and gently rising interest rates. Yet the economy has simply bounced from one crisis to another, with the Russian invasion of Ukraine another chapter in the list of external events proving highly disruptive to global supply chains.
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