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The Long Trade
The Long Trade
The Return of the Interest Rate

The Return of the Interest Rate

What will the effect be on the consumer?

Daniel McKeown's avatar
Daniel McKeown
Sep 30, 2022
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The Long Trade
The Long Trade
The Return of the Interest Rate
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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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