Higher Interest Rates May Be the New Normal
Joining Bloomberg This Weekend, Bloomberg Economics Chief Economist Tom Orlik says higher interest rates may be the new normal, leaving governments, businesses and households facing a mounting cost from debt accumulated during years of cheap borrowing. Orlik tells hosts David Gura and Christina Ruffini that Fed Chair Kevin Warsh faces a key test at next week's meeting as markets signal…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
