Outlook 2021: Beware rising neutral rates, Expect inflation and strong second-half recovery
Tuesday 26 January 2021 – Vol.12 Ed.4.2
Outlook 2021: Beware rising neutral rates
By James Sweeney in New York
The US military has traditionally attempted to stand prepared to fight two major wars at once. In that spirit, economic policy-makers should consider challenging scenarios in the pandemic recovery, even ones that are not supposed to happen according to certain models. One scenario worth attention is...