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Possibility of a Very Extended Period of Low Rates?

Wednesday, May 5, 2010 - 6:17 PM
We've heard the Fed continue to say they intend to keep exceptionally low rates for an extended period. How long should we expect rates to remain at these rock-bottom levels? This blog post at BankFox has a good summary of economic conditions that could lengthen this extended period, and it warns of a worst-case extended period:
We shouldn’t even be surprised if our rates are low for years - after all, Japan has seen interest rates below 1% for more than 10 years since its economy stalled in the 90s.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,600
1. Thursday, May 6, 2010 - 5:10 PM
With the recovery still not that robust and with the European financial crisis now looming, don't expect any major changes anytime soon.
AnonymousAnonymous2,282 posts since
May 9, 2010
Rep Points: 3,950