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Only if we return to higher rates of interest fr a long period. Here in the UK the desire seems to be to return inflation and interest rates to approx 2%. Rates
by ljf 3y ago
Only if we return to higher rates of interest fr a long period. Here in the UK the desire seems to be to return inflation and interest rates to approx 2%. Rates of 2% and inflation of 2% means there is little incentive to save.
- nick7376182 3y agoHow are they going to control both at the same time. Govt underwriting high risk retail loans, quantitative tightening?
- ljf 3y agoThe theory is that high interest rates will bring inflation down - once they are down the market is already predicting that rates will drop to 2% - so the era of cheap money will continue... It seems to be working, but no better here than it is on the continent and USA, where inflation is already lower.