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World s Borrowers Fret on How Long Fed and Peers Will Keep Interest Rates High

World s Borrowers Fret on How Long Fed and Peers Will Keep Interest Rates High
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The $300 Trillion Question

(Bloomberg) Ligaya Kelly worries her pet boarding facility on the outskirts of Los Angeles won’t survive the winter if loan costs keep rising. Economist Diana Mousina says she’ll have to sell her Sydney investment property if interest rates remain higher. John Stanyer has cut back plans for his holiday park in the north of England after his mortgage repayments almost tripled.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After T

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The $300 trillion question: Are these high interest rates here to stay?

In the ten years after the 2008 financial crisis, the neutral rate fell across developed economies as prices remained largely muted even as central banks globally held interest rates at historically low levels.

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The $300trn question

It’s arguably the biggest question in economics right now: Are these higher interest rates here to stay?

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