Higher rates: Sign of economic strength or a risk? Try both — Financial Post

WASHINGTON — This week’s dizzying sell-offs in the financial markets have been a rude reminder that the U.S. economy is no longer relying on ultra-low interest rates to fuel growth. Borrowing costs are rising for companies, homebuyers and the U.S. government — all of which could eventually dampen economic growth. Yet the climb in interest…

via Higher rates: Sign of economic strength or a risk? Try both — Financial Post

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