
The Interest-Rate Enigma
Jun 11, 2014 & reconsider the link between ultra-low real interest rates and saving and investment fundamentals.
Claudio Borio is Head of the Monetary and Economic Department at the Bank for International Settlements.
Jun 11, 2014 & reconsider the link between ultra-low real interest rates and saving and investment fundamentals.
Tackling the COVID-19 pandemic and engineering an economic recovery are only two of the challenges facing new US President Joe Biden. Amid deep social divisions and the continued threat of right-wing extremist violence, Biden must also try to re-establish democratic political norms and restore trust in American leadership at home and abroad.