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The Return of the Interest Rate

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The Return of the Interest Rate

What will the effect be on the consumer?

Daniel McKeown
Sep 30, 2022
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The Return of the Interest Rate

longtrade.substack.com

For the last few decades, the historically low interest rate and low-inflation economic environment had crushed the rate of return of savings accounts. What really was the point of putting cash there when the fraction of a percent interest rate (or less) barely made any impact on the bottom line?

But now the interest rate offered by some online savings a…

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