Capital Markets: Observations & Insights
Global Policy Rates Are Low Fundamentals
• While many central banks such as the U.S., Canada, Mexico, and the U.K. have been raising interest rates… • Central bank policy rates around the world are still relatively low, even in real terms, where many are at or below zero including the Euro Area and Japan
Central Bank Policy Rates 2007-2018
= historical range
Policy rates are still low
Source: Bank for International Settlements. Data is through July 2018.
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