Reuters opinion: ECB and Fed may struggle to solve debt riddle

Let me interrupt the regular schedule to tell you that Reuters just published an opinion piece I penned. This one is not about timeless topics that I normally publish here but about the ECB (and Fed) cutting interest rates and the future of government debt.

I must say it was great fun writing this and working with Anna Szymanski who turned my word salad into something much better than I ever could produce on my own…

ECB and Fed may struggle to solve debt riddle: Klement

Oct 16 (Reuters) - The European Central Bank is widely expected to cut its key policy rate at its meeting on Oct. 17, and the U.S. Federal Reserve will likely follow suit when it convenes on Nov. 6-7.

With easing cycles underway, investors are increasingly debating how low interest rates will have to go to not only stave off serious economic slowdowns but also stabilise increasingly troubling national debt burdens…

Read the full piece here: https://www.reuters.com/markets/rates-bonds/ecb-fed-may-struggle-solve-debt-riddle-klement-2024-10-16/