Bruno Feunou - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T01:13:21+00:00The Secular Decline of Forecasted Interest Rates
https://www.bankofcanada.ca/2019/01/staff-analytical-note-2019-1/
Canadian interest rates show a secular decline since the 1980s. Long-term survey-based forecasts of interest rates also declined, but less so and were more gradual. Our model-based estimates show an endpoint shifting over time in three phases: a decline between 1990 and 1995, a period of stability between 1996 and 2007, and a further decline since 2008. The current endpoint estimate remains clouded with uncertainty; this is an active area of research.2019-01-11T14:05:40+00:00enThe Secular Decline of Forecasted Interest Rates2019-01-11