The Week Explained: Low interest rates

We are stuck in a low interest rate environment likely to remain at this level for some time, not least because governments are competing aggressively to keep rates down to avoid an appreciation in the value of their currencies.

This is good news for borrowers, assuming they can obtain loans in this tough environment, but bad for cautious savers and investors who have modest aspirations for the growth of their funds but would really like to beat inflation.

via Business feed http://www.scmp.com/business/money/money-news/article/1099996/week-explained-low-interest-rates