Are low interest rates good for consumers?

William Gavin ()

Economic Synopses, 2010, No 3

Abstract: Although banks' cost of funds has dropped dramatically with the federal funds rate target, households' cost of funds has remained high, especially if we look at their cost of borrowing relative to their rate of return on saving.

Keywords: Consumers' preferences; Interest rates (search for similar items in EconPapers)
Date: 2010
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