IMF says real interest rates have fallen sharply since 1980s
WEO finds three common factors behind decline in real interest rates
Real interest rates worldwide have declined substantially since the 1980s and are now in slightly negative territory, according to research by the International Monetary Fund (IMF).
In a chapter, ‘Perspectives on global real interest rates', in its World Economic Outlook released today, the IMF found that common factors accounted for much of the movement in real rates, particularly related to patterns in global saving and investment.
Three main contributory factors emerged since the 1990s: First
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