Low Interest Rates May Be Here To Stay
by Joseph E. Gagnon | October 23rd, 2009 | 09:58 amOne of the most striking features of today’s economy is that interest rates, on everything from bank loans to Treasury bonds, are at 50-year lows. Federal Reserve actions to stabilize the financial system and stimulate economic growth contributed importantly to these low rates. There is much talk lately of the need [...]


