The Intelligence: higher-for-longer interest rates

<p>Economists have stopped waiting for interest rates to drop because it doesn’t seem to be coming. The <a href="https://www.economist.com/briefing/2023/11/02/markets-think-interest-rates-could-stay-high-for-a-decade-or-more?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">upward pressure</a> on long-term bond yields suggests that this situation could last for a while. How should the world adjust? <a href="https://www.economist.com/finance-and-economics/2023/10/26/israels-war-economy-is-working-for-the-time-being?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">Israel’s economy</a> might be in good enough shape to withstand the next few months, but a longer war won’t come cheap (12:00). And, <a href="https://www.economist.com/britain/2023/10/30/the-genius-of-jilly-cooper-queen-of-british-bonkbusters?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">Jilly Cooper’s</a> sexy new book (18:55).</p><br><p>Sign up for a <a href="http://www.economist.com/podcastsplus-intelligence" rel="noopener noreferrer" target="_blank">free trial</a> of Economist Podcasts+</p><br><p>If you’re already a subscriber to <em>The Economist</em>, you’ll have full access to all our shows as part of your subscription.</p><br><p>For more information about how to access Economist Podcasts+, please visit our <a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank">FAQs page</a> or watch our <a href="https://www.youtube.com/watch?v=48TlDbL-4vU" rel="noopener noreferrer" target="_blank">video</a> explaining how to link your account.</p><br><p><br></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>