The Hidden Burden of Ultra-Low Interest Rates – Businessweek

The Federal Reserve, which cut its target for the federal funds rate to a zero-to-0.25 percent range on Dec. 16, 2008, said last month that rates would remain “exceptionally low” at least through late 2014. While the unprecedented period of near-zero rates is meant to aid an ailing economy, it poses challenges for banks, insurers, pension funds, and savers.

via The Hidden Burden of Ultra-Low Interest Rates – Businessweek.

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