Will interest rates stay low forever?

Kyle Caldwell

It has been more than seven years since interest rates hit rock-bottom, and the consensus view following last week's cut to 0.25 per cent is that the general direction of travel has now changed to 'lower forever' as opposed to 'lower for longer'.

It has been more than seven years since interest rates hit rock-bottom, and the consensus view following last week's cut to 0.25% is that the general direction of travel has now changed to "lower forever" as opposed to "lower for longer".

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Source Moneywise http://ift.tt/2aFkyr9