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The low interest rates were a response to low inflation and low growth. If low inflation persists for some reason (e.g. decreasing cost of production due to aut
by brookhaven_dude 8y ago
The low interest rates were a response to low inflation and low growth. If low inflation persists for some reason (e.g. decreasing cost of production due to automation) even as economy grows, then interest rates will not rise much.