Exact(56)
Even with higher interest rates, activity has remained healthy.
With higher interest rates must come a higher pound.
But with higher interest rates likely, he said liquidity is "being driven out of the system".
And with higher interest rates and the credit crisis, making a new deal could prove challenging.
It would let consumers pay off loans with higher interest rates first.
"Otherwise they open accounts with higher interest rates, so that inflation doesn't eat their money".
Some would still blame the Fed, for not deflating asset bubbles with higher interest rates.
With higher interest rates, far fewer borrowers are willing to take out a loan.
And higher rates could spark credit defaults if Americans struggle with higher interest costs.
Paying in instalments costs more than buying outright, and can come with higher interest rates than some credit cards.
Since then, stocks have gradually recouped losses as investors appear to be becoming more comfortable with higher interest rates.
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