Global Economy Needs Zero-Percent Rates Solution: Mark Gilbert

The saying of radical things is easy sport among central-bank watchers. If they’re wrong, the wave of consensus erases most evidence they ever said anything at all. If, however, a wild, contrary call proves right, the rewards can be spectacular.

Which is not to say that the first crop of contrarians calling on the world’s central banks, particularly the Federal Reserve, to initiate higher borrowing costs are fueled by anything other than conviction.