How worried should businesses, investors, and policymakers around the world be about the end of near-zero interest rates and the start of the first monetary-tightening cycle since 2004-2008?Small and gradual increases in the US policy rate won't be earth-shaking. A lot of it has already been priced in.
Project Syndicate
Don’t Fear a Rising Dollar
Anatole Kaletsky | Chief Economist and Co-Chairman of Gavekal Dragonomics, and a former columnist at the Times of London, the International New York Times and the Financial Times.
