The Joy of ‘higher for ever’ interest rates
The combination of a Treasury Note Real Yield of roughly 2% today and Inflation Expectations of roughly 2% is the best and most benign it has been since the 1970’s when inflation caught fire.
deflation
The danger of too low inflation
Prior to Covid the neutral interest rate had continued its long decline
My thoughts about inflation
Sensible professionals wondered if they should take up hunting and fishing
You must be logged in to post a comment.