Last month. U.S. Treasury Secretary Lawrence Summers sparked some debate with his assertion that interest rates will remain substantially higher for the long haul, even after inflation has been brought under control. The International Monetary Fund, by contrast, argued that interest rates will revert to the ultra-low levels experienced before the pandemic.
To find out where Canadian institutional investors fit into this debate, we put the question to them — results are below and show that, while a quarter aren’t sure, the majority are aligned with Summers.
