Rising Interest Rates Aren’t So Bad for Business

Till lately, I assumed rising rates of interest have been — on stability — dangerous for companies. In truth, many huge firms are benefiting from the quickest rate-hiking cycle in many years, a minimum of in purely monetary phrases.

Their mixed internet curiosity bills – curiosity funds on borrowings adjusted for the curiosity obtained on money and cash-like investments – have declined for the reason that Federal Reserve started tightening financial coverage early final yr.