Low rates are no longer an answer to low growth

Interest rates Money has been cheap for many years and may stay that way. But injecting cash directly into the economy might work much better.

How much in the way of savings will you need to fund your retirement? I'll answer. It's probably much more than you imagine. That's because we tend to regard the present historically low interest rate regime as a temporary aberration that will soon return to normality. Then the magic of stronger and compounding interest rates will kick in.

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