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&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;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&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;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&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;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 href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>