HKS Affiliated Authors
James W. Harpel Professor of Capital Formation and Growth
Excerpt
Excerpt
August 13, 2023, Opinion: "As recently as 2022, most monetary economists expected interest rates to remain low indefinitely. While many analysts still expect near-zero interest rates to return, they will likely remain elevated for the foreseeable future, making it harder for governments to service their debts." Read Via Project Syndicate