Are Low Interest Rates Better for Savers or Borrowers?

Maria Hasenstab

Open Vault from Federal Reserve Bank of St. Louis

Abstract: The obvious answer might seem to be borrowers. But when you factor in low inflation, savers can earn a higher real interest rate than they realized.

Date: 2018-02-28
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00100:102468

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