Interest Rate Cycles: An Introduction

by Brian Romanchuk

Monetary policy has increasingly become the focus of economists and investors. This report describes the factors driving interest rates across the economic cycle. Written by an experienced fixed income analyst, it explains in straightforward terms the theory that lies behind central bank thinking. Although monetary theory appears complex and highly mathematical, the text explains how decisions still end up being based upon qualitative views about the state of the economy.The text makes heavy use of charts of historical data to illustrate economic concepts and modern monetary history. The report is informal, but contains references and suggestions for further reading.This is the second report published by BondEconomics.

Genres: Finance, Economics

110 pages, Paperback

Published June 7, 2016

Reviews

[Cameron Wilson · Rating 4 out of 5]

Great book to read for any english speaker, especially considering that interest rate hikes are being considered across the west. Keeping up with the business press wasn't enough for me to not have to re-read some of the middle chapters, but thankfully the author included further readings and citations whenever needed. I wish the author had included more of the basics behind the mindset and goals of a bond investors and fixed income investing because that is his approach to interest rate cycles. Overall a fine introductory book.

[John Curtice · Rating 3 out of 5]

Nothing deep or useful apart from the historical overview