Interest rates are on the rise. Finally, after many years of historically low rates across most of the G-20, sufficient economic strength in global markets is poised to drive governments to increase prime borrowing rates.
In the United States, especially, this is yet another indicator that economic recovery has been successful. A strong economy is usually a positive for most organizations. However, treasurers must consider five key factors if they want to reap the potential gains as we enter into what is expected to be a rising-rate environment.