Lower rates will return, amplify and raise challenges
New data over six centuries suggest the trend for lower rates will resume along with the associated policy challenges
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In this article
- New data improve analysis of shocks
- Two findings for current policy debates
- Macroeconomic and financial implications
- Analysing events comparable to COVID-19
- Downward rates trend: policy implications
- US context
- Risks to the outlook
- Pre-2020 ultra-low monetary policy challenges will return
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
