The European Central Bank (ECB) President Mario Draghi attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland on January 22, 2016. Photo: Reuters
The European Central Bank (ECB) President Mario Draghi attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland on January 22, 2016. Photo: Reuters
Macroscope

new | Major economies will be saddled with ultra low rates for years

Forget about a rising rate cycle, indications are interest rates will follow the Japanese example

The European Central Bank (ECB) President Mario Draghi attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland on January 22, 2016. Photo: Reuters
The European Central Bank (ECB) President Mario Draghi attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland on January 22, 2016. Photo: Reuters
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