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Mmastodon BusinessMarkets first seen 7 h ago, last 33 min ago, peak #4

Rapid rate rises raise fears of financial calamity

Original: Is the US # economy in trouble? History shows financial calamities occur when rates rise rapidly like this: 'Something a

Commentators are asking whether the US economy is in trouble, pointing to historical patterns in which periods of rapid interest rate increases have been followed by financial crises. The argument, popularised by the phrase 'something always breaks', suggests fast tightening tends to expose weaknesses somewhere in the financial system, renewing debate about current risks.

Why now: Concerns that the current rapid rise in US interest rates could trigger a financial accident are driving discussion.

US economyFederal ReserveCNBC

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Rank over time, top of the chart is #1. 6 snapshots from 7 h ago to 33 min ago.

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