Will rates move back up after the Covid-19 crisis? (Unlikely)
The current coronavirus pandemonium means attempts by central banks to normalise interest rates since 2008 have failed
15 March 2020 - 08:40
London — Central bank interest rates are being cut once again to ward off a global financial shock, and the experience of the past 30 years suggests there is little chance rates will move back up once the crisis passes.
As the economic hit from the coronavirus pandemic unfolds, energy prices implode on a Saudi-Russia price war and global stock markets plummet; and G7 central banks are easing again to calm investors...
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