Financial and Monetary Systems

Interest rates likely to return towards pre-pandemic levels when inflation is tamed

Apr 13, 2023

Since the 1980s, real interest rates across most advanced economies have been steadily declining.

Since the 1980s, real interest rates across most advanced economies have been steadily declining. Image: Unsplash/Engin Akyurt

Jean-Marc Natal

Deputy Chief in the World Economic Studies Division, IMF’s Research Department

Philip Barrett

Share:

The Big Picture

Explore and monitor how Financial and Monetary Systems is affecting economies, industries and global issues

A hand holding a looking glass by a lake

Crowdsource Innovation

Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

Financial and Monetary Systems

Historically declining interest rates in advanced and emerging economies

Interest rates have been in steady decline in advanced and emerging economies. Image: IMF

Discover

How is the World Economic Forum improving the global financial system?

The historical drivers of natural interest rates

The historical drivers of natural interest rates. Image: IMF

Various possible outlooks for interest rates in the future

Various possible outlooks for interest rates in the future. Image: IMF

Have you read?

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:

Financial and Monetary Systems Economic Progress

Share:

Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

More on Financial and Monetary Systems
See all

Eurozone inflation continues to fall, and other economy stories to read this week

Rebecca Geldard

December 1, 2023

Policy Action to Mobilize Climate Finance, and Market Responses

Nov 30, 2023

What are green bonds and why is this market growing so fast?

Patrick Henry and Madeleine North

November 22, 2023

Here's why Africa is the world leader in digital and mobile banking

Andrea Willige

November 21, 2023

Speaking Gen Z: How banks can attract young customers

Bob Wigley and Rupal Kantaria

November 17, 2023

Global economic growth to slow in 2024, and other economics news to read this week

Rebecca Geldard

November 17, 2023