This also effects larger Private Equity decisions. Moving a factory costs money, low interest rates in the US make it easier to borrow the money to do so. Lower

This also effects larger Private Equity decisions. Moving a factory costs money, low interest rates in the US make it easier to borrow the money to do so. Lower interest rates also mean that assets appear cheaper relative to wages, meaning the asset price will be bid upwards to make up the difference. I don't think we have a good understanding of all the effects changing interest rates have.