S5 Ep35: The global real interest rate

20/07/2022 23 min Temporada 5 Episodio 35
S5 Ep35: The global real interest rate

Listen "S5 Ep35: The global real interest rate"

Episode Synopsis

Global real rates are stuck at a low level, and until recently policy rates everywhere were effectively zero. Can we use historical data to explain why this happened, and to predict whether we will be back at the ZLB when inflation falls? Pierre-Olivier Gourinchas and Ricardo Reis talk to Tim Phillips.