From the mid-1980s to 2020, neutral interest rates, real and nominal, steadily declined. When the fight against inflation is won, what can we expect neutral rates to be? Olivier Blanchard (Peterson Institute for International Economics) and Lawrence H. Summers (Harvard University) discuss at a virtual event, followed by a Q&A with PIIE president Adam S. Posen.
For more information, visit: www.piie.com/events/summers-a...
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