Opinion
Ben Bernanke went a bridge too far in monetary policy after the 2008 financial crisis. We are now paying the price in a new inflationary world.
After more than a decade of near-zero interest rates, central banks have responded to the unexpected worldwide rise in inflation with sharp increases in policy rates.
But how high should rates go to tame inflation, and when should they come down again?
Fetching latest articles
Original URL: https://www.afr.com/policy/economy/what-is-the-new-normal-for-rates-and-when-do-we-get-there-20230529-p5dbzq
