The era of rock-bottom interest rates may be drawing to a close, courtesy of a stronger-than-expected surge in inflation and massive government spending, according to economists at Goldman Sachs Group Inc. Although the aftermath of the 2008 collapse of Lehman Brothers was characterized by persistently weak price pressures and negative monetary policy, Jan Hatzius and colleagues reckon decisions by the Federal Reserve and European Central Bank to adopt new frameworks, investments to combat climate change and higher household savings will likely change that. “Stronger demand, especially for investment, along with the ... (full story)