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Book notes: How low interest rates change the world: global trends caused by low rates and emerging factors shaping the future of rates, by Jesper Rangvid

This book investigates the possible causes of ultra-low interest rates, the problems low rates cause and the path of future rates

How low interest rates change the world, by Jesper Rangvid

Jesper Rangvid, How low interest rates change the world: global trends caused by low rates and emerging factors shaping the future of rates, Oxford University Press, 2025, 284 pages

Gather three economists in a room and you will get at least four different opinions. This old saying came to my mind after having read this new book by Jesper Rangvid, a professor at Copenhagen Business School.

In this context, it reminded me of the pitfalls we face as economists when we try to forecast interest rates

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