'The days of zero interest rates may be gone for good'
Opinion, comment and editorials of the day

'Interest rates frozen – but it'll still be painful if you have a mortgage'
Ed Conway for Sky News
The Bank of England freezing interest rates for the first time since late 2021 "is arguably the most exciting non-event in recent economic history", writes Ed Conway for Sky News. The decision "is the most convincing signal yet that the Bank may now be close to, or even at, the peak for interest rates", he adds. But Bank insiders "suspect rates may have to stay higher for longer", says Conway. "The days of zero interest rates may be gone for good."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
'If India killed a Canadian Sikh, Trudeau and other Liberal PMs are at fault'
Andrew Mitrovica for Al Jazeera
"Canada is the world's doormat," writes Andrew Mitrovica for Al Jazeera. Desperate to be seen as a "global player", instead it is "largely considered an inconsequential afterthought". The "indictment of India" for the killing of Canadian citizen Hardeep Singh Nijjar "oozes opportunism", he claims, as Prime Minister Justin Trudeau wanted to play up his "tough guy" credentials in the face of unrelenting criticism that he has been soft on "foreign interference".
'Shattering the Israel Taboo: Why American Jews Are Protesting Netanyahu at the UN'
Abe Silberstein for Haaretz
"For decades, most American Jews rallied to the cause of Israel whenever it faced censure at the UN" but "in a necessary and overdue correction, the UN is now a centre of American Jewish opposition to an Israeli government" writes Abe Silberstein for Haaretz. The symbolism is "uniquely powerful" and shows that there is a "mainstream precedent for setting aside the security rhetoric of Israeli political leaders and recognizing that anti-democratic currents in the country must be confronted without hesitation", says Silberstein.
'Debate the law and the age of consent all you want, but there's no doubt about what's creepy'
Emma Brockes for The Guardian
Calls for new laws around the age of consent in the UK may never come to pass, but they are "helpful in denormalising a widely held assumption that old and middle-aged men chasing schoolgirls for sex is OK", writes Emma Brockes in The Guardian. "Not just OK, in fact, but in line with the natural order of things and still able to trigger vague boasting rights." Despite what we now understand about grooming, "what remains depressing about the adult man/teenage girl dynamic is how resistant it is to the view that it's creepy at all", says Brockes.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
5 educational cartoons about the Harvard pushback
Cartoons Artists take on academic freedom, institutional resistance, and more
By The Week US
-
One-pan black chickpeas with baharat and orange recipe
The Week Recommends This one-pan dish offers bold flavours, low effort and minimum clean up
By The Week UK
-
Merz's coalition deal: a 'betrayal' of Germany?
Talking Point With liberalism, freedom and democracy under threat globally, it's a time for 'giants' – but this is a 'coalition of the timid'
By The Week UK
-
Benjamin Netanyahu's Qatar problem
The Explainer Two of the prime minister's key advisers are accused of taking bribes from the Gulf state in exchange for favourable publicity
By Richard Windsor, The Week UK
-
Detentions and hostile treatment: is it safe to visit the US?
The Explainer Spate of interrogations and deportations at US border sparking decline in overseas visitors
By The Week UK
-
Canada's Mark Carney calls snap election
speed read Voters will go to the polls on April 28 to pick a new government
By Peter Weber, The Week US
-
Trump trade war heats up as Canada, EU retaliate
Speed Read The president imposes 25% steel and aluminum tariffs in an effort to revive US manufacturing, though it may drive up prices for Americans instead
By Rafi Schwartz, The Week US
-
U.S. tariffs spark North American trade war
Feature Tariffs on Canada, Mexico, and China lead to market turmoil and growing inflation concerns
By The Week US
-
Mark Carney: the banker turned prime minister who will lead Canada
In the Spotlight Carney was elected as the new leader of the Liberal Party, replacing Prime Minister Justin Trudeau
By Justin Klawans, The Week US
-
Mark Carney selected next Canadian prime minister
Speed Read The political novice will succeed outgoing Prime Minister Justin Trudeau
By Peter Weber, The Week US
-
Trump eases Mexico, Canada tariffs again as markets slide
speed read The president suspended some of the 25% tariffs he imposed on Mexican and Canadian imports
By Rafi Schwartz, The Week US