Fortune
In Fortune, BCG’s Philipp Carlsson-Szlezak and Paul Swartz examine the sharp increase of short-term interest rates and whether the US economy could permanently return to higher long rates. They discuss the possible interest rate scenarios that could arise over the next few years, their driving factors, and what it would take for them to inflect. “While the interest rate environment in coming years will have a different look and feel from what we’ve known,” they predict, “it is unlikely to be a shift from a good to a bad backdrop.”