how do 0% or negative interest rates affect an average person (who has a mortgage and a lil bit of savings in an account)?

1.19K views

how do 0% or negative interest rates affect an average person (who has a mortgage and a lil bit of savings in an account)?

In:

2 Answers

Anonymous 0 Comments

Mortgages and loans cost less, and you make less from savings. This theoretically should encourage people like you and me to borrow more and spend more.

You are viewing 1 out of 2 answers, click here to view all answers.