I’m Chris Anstey, a senior editor in Boston, and today we’re looking at an undercurrent of concern evident in last week’s global finance meetings. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
The debate about whether borrowing costs are going to return to pre-pandemic, low levels is starting to shift decisively in favor of those arguing that the ultra-low rate era is history.