GYL’S CEO weighs in on the impact of higher interest rates

February 2, 2023

What happens when the Fed raises interest rates? Company profitability may slow down. 

 

CEO and Co-Founder Gerry Goldberg shared his thoughts in a U.S. News story about the impact of higher rates: “As interest rates increase, the cost of borrowing capital increases for companies. This in turn reduces earnings.” Read the full article here. 

 

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