They discuss the causes of the secular decline in interest rates before Covid-19, whether economic changes wrought by the pandemic will reverse this trend, and the impact of demographics, (de)globalisation and AI.
Global Macro Research
Macro BytesMacro Bytes: are we in a world of permanently higher interest rates?
Luke talks to Lukasz Rachel, Assistant Professor of Economics at UCL, and Bob Gilhooly, Senior Emerging Markets Economist at abrdn, about the long term drivers of interest rates.
Authors
Luke Bartholomew
Deputy Chief Economist
Robert Gilhooly
Senior Emerging Markets Economist
Duration: 38 Mins
Date: 26 Sept 2023