[ad_1] Donovan Bank Ltd is a major retail bank that operates in the Republic of Southland, a prosperous, developed economy in Europe. Like many other financial institutions, the bank was adversely affected by the global financial crisis but recovered both
Banking
Consumer prices are rising in many countries worldwide. Interest rates may increase if this trend continues. Critically discuss how the current macroeconomic environment may lead to a rise in interest rates, the potential implications for the balance sheet of banks