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If interest rates stay high for a decade or more, what does this mean for us?

Also on the daily podcast: Israel’s war economy and Jilly Cooper’s books

Economists have stopped waiting for interest rates to drop because it doesn’t seem to be coming. The upward pressure on long-term bond yields suggests that this situation could last for a while. How should the world adjust? Israel’s economy might be in good enough shape to withstand the next few months, but a longer war won’t come cheap (12:00). And, Jilly Cooper’s sexy new book (18:55).

Runtime: 24 min

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Author: Editors Desk

Source: The Economist

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