The World with Higher Interest Rates
Research series showing how the most aggressive monetary tightening cycle in decades will shape global economic and market outcomes.
The most aggressive monetary tightening cycle in decades has shaken global markets this year on concerns that central bank efforts to rein in inflation will end in recession. Investors have cause to worry: historical evidence shows how tightening cycles have often ended in economic downturns when inflation needs squeezing out of the system. But could this time be different?
As global tightening got underway, Capital Economics began a special series of research exploring what higher interest rates would likely mean for macro and market outcomes, showing how economies would cope and where risks and opportunities lay in financial markets.
Our latest interest rate coverage
Read our latest research on the impact of higher rates from across our macro and market services.