Top economists unanimous on 'higher for longer' rates as inflation threats linger
Publishing timestamp: 2023-10-17 01:19:17
Summary
The article discusses the consensus among economists and central bankers that interest rates will remain higher for longer, which could complicate the investment landscape. It highlights the challenges faced by companies and central banks around the world due to ongoing geopolitical tensions and the potential impact on global markets. It also mentions the recent inflation figures in the US and Eurozone, as well as the cautious approach of central banks in considering future rate hikes.
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Keywords: breaking news: markets, hsbc holdings plc, markets, business news, birkenstock holding plc, united states, prices, central banking, ajay banga, u.s. economy,