Low Interest Rates Might Hurt More Than Help [TheStreet]

From TheStreet:

Federal Reserve policymakers last week held the overnight lending rate near zero to keep the economic recovery on track by making credit easier to access. But the benefits of a low rate might be diminishing for consumers.

The article shows how little the record-low rate helps those with credit card debit, car loans and mortgages. The article then ends by showing the damage it does to retirees.