The Silent Price of Credibility: Unveiling the Influence of Fiscal Stability On Long-Term Interest Rates – and Why the Fed Can't Do It Alone

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.