In the world of economics and finance, interest rates are often viewed as the pulse that gauges the health of an economy. Their current structure and cost undoubtedly have a profound influence on economic growth. When we consider the landscape today, one can't help but ponder the long-term ramifications of persistent high interest rates, especially given the vast deficits that many nations carry on their ledgers.

Global interest rates are currently a hot topic as our main trading markets in the UK, Europe, and the USA have all seen rate increases in the past few weeks, with predictions of further hikes on the horizon. This strategy, employed by central banks, is causing significant instability in the financial sector.