
The consensus among experts is that the world of Fed policy has changed, with higher rates becoming a permanent feature. Analysts caution against being too trusting of this new norm, as higher rates may have long-lasting effects on the economy. Interest rate policies in advanced countries are expected to diverge, with the ECB possibly reaching its limits in deviating from the Fed's stance. The shift towards 'higher for longer' rates is predicted to lead to challenges in managing debt.



Bloomberg: Higher for Longer Rates Mean No Escape From the Debt Squeeze https://t.co/sDrgmnoI3n
The towel is being thrown in on rate cuts everywhere, says @johnauthers. Higher for longer can't continue forever without damaging the economy https://t.co/oAmYrDAbe8 via @opinion
Interest rate policies in advanced countries will decouple in a manner that was thought highly unlikely just a few months ago. But the ECB may soon find the limits of far it can diverge from the Fed - @elerianm's latest column for the FT https://t.co/5Zez6Akmbr