Thursday, December 24, 2015
Real Interest Rates are going to be Low
"Monetary policies are still unconventional, with interest rates hovering around zero. While many have assumed that high inflation would be the outcome, in reality the reverse has happened."
"Inflation has become lower and lower in the US and the UK. Next year in Eurozone and Japan, inflation is going to stay low, inflation in the US may go higher at the headline level. Growth is below potential. Real interest rates are going to be low," - in Khaleej Times
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics