Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from the Federal Reserve’s 2022-’23 hiking cycle.Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from the Federal Reserve’s 2022-’23 hiking cycle. Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from the Federal Reserve’s 2022-’23 hiking cycle.   Read More MarketWatch.com – Top Stories