Oliver Wyman On Impact Of The New Monetary Order On Banks

Oliver Wyman's report titled The New Monetary Order was mentioned in an article by Australian Financial Review.

The article references the report on the changes in the Australian financial industry following the increase in interest rates after a decade of low rates and proactive policy responses. 

The article highlights the four scenarios that Oliver Wyman foresees banks would be facing in the future — soft landing, credit markets falling under the burden of high interest rates, inflation to remain persistently high, or private debt becoming more mainstream. The article further mentions that "Oliver Wyman analysts believe Australia’s banks have a few challenges to grapple with in a period of higher rates".

Read the full article, here (paywall).