Already a subscriber?Interest rates may be heading lower as inflationary pressures sparked by the pandemic recede, but they are unlikely to stay there as major geopolitical and macroeconomic forces will push them higher.
“Three is the new two in this environment” she said referring to annual inflation rates that central banks will be able to achieve over the long run.“After inflation gets to target, it could cause a roller coaster rebound back higher than what markets are currently expecting.”Financial Reviewthat central banks would cut rates aggressively once they neared their inflation targets.
“The interest-rate dynamic is going to shift, which is another reason that we do think that rates are staying higher for longer.” United States Studies Centre chief executive Michael Green told the Summit that a tectonic shift was underway in geopolitics that would be “generational, intergenerational and state-led”.Mr Green said states “are making decisions to pursue relative gains over their competitors rather than profitability, prosperity and profit”.would cost the global economy around $US10 trillion .
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Financial Review Business Summit: Strong leaders should be assertive, forward-thinkingLucinda Holdforth and NIB CEO Mark Fitzgibbon tell the AFR Business Summit leaders should be assertive and have clear goals for the future; Holdforth warns companies against being too political. Follow updates here.
Source: FinancialReview - 🏆 2. / 90 Read more »
Financial Review Business Summit: Jim Chalmers outlines ‘biggest tariff reform in two decades’Treasurer Jim Chalmers tells the AFR Business Summit abolishing “almost 500 nuisance tariffs” on imports will save businesses $30 million in compliance costs each year. Follow updates here.
Source: FinancialReview - 🏆 2. / 90 Read more »
Financial Review Business Summit: Jim Chalmers outlines ‘biggest tariff reform in two decades’Treasurer Jim Chalmers tells the AFR Business Summit abolishing “almost 500 nuisance tariffs” on imports will save businesses $30 million in compliance costs each year. Follow updates here.
Source: FinancialReview - 🏆 2. / 90 Read more »
Financial Review Business Summit: Jim Chalmers outlines ‘biggest tariff reform in two decades’Treasurer Jim Chalmers tells the AFR Business Summit abolishing “almost 500 nuisance tariffs” on imports will save businesses $30 million in compliance costs each year. Follow updates here.
Source: FinancialReview - 🏆 2. / 90 Read more »
Financial Review Business Summit: Jim Chalmers outlines ‘biggest tariff reform in two decades’Treasurer Jim Chalmers tells the AFR Business Summit abolishing “almost 500 nuisance tariffs” on imports will save businesses $30 million in compliance costs each year. Follow updates here.
Source: FinancialReview - 🏆 2. / 90 Read more »
Financial Review Business Summit: Jim Chalmers vows faster gas, mining project approvalsTreasurer Jim Chalmers tells the AFR Business Summit Labor will streamline the approvals process for gas and mining projects to better support the environment and economy. Follow updates here.
Source: FinancialReview - 🏆 2. / 90 Read more »