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Drivers of long-term global interest rates – can weaker growth explain the fall?
Authors: Lukasz Rachel and Thomas Smith. Long-term real interest rates have fallen substantially over the past thirty years. The co-movement in real rates across both advanced and emerging economies...
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Drivers of long-term global interest rates – can changes in desired savings...
Authors: Lukasz Rachel and Thomas Smith. In this post we show how various secular trends – demographics, inequality and the emerging market savings glut – raised desired savings at the global level and...
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