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Economists are raising estimates for a key indicator known as the neutral rate of interest—an elusive level where borrowing costs neither restrict nor stimulate growth

Economies around the world are showing surprising resilience to higher central bank-interest rates and government bond yields.

Economists are raising estimates for a key indicator known as the neutral rate of interest—an elusive level where borrowing costs neither restrict nor stimulate growth

We haven't written up this one. WSJ Economy has the full story — the link below goes straight to it.

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