Will Interest Rate Rises Be Slow Or Gradual?
In the last 30 years, when there have been interest rate rises they have been quite gradual.
The government has to make an interest rate rise and then see, if it’s worked or not.
The moment they see it working, there’s usually a very sharp and quick reduction in those interest rates back to the pre-rising levels.
So whatever in front of us. it’s going to be gradual and then there will be a short pull back down with interest rates decreased again.
That’s a trend that we’ve seen now over the last 30 years.