How low interest rates may affect your clients
Low rates have been problematic for savers hoping to earn enough interest on cash reserves to combat inflation, but those yearning for higher yields may want to be careful what they wish for.
We are living in an extraordinarily low-interest-rate environment, and with the Federal Reserve’s intentions of keeping rates near zero through at least 2023, there’s no telling when, or if, mid-single-digit, let alone double-digit rates will ever return. &nbs
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