European Central Bank President Mario Draghi

Low interest rates: How long will savers be penalized?

  • For a decade, monetary policy has punished savers
  • Low interest rates help support irresponsible fiscal policy
  • Central bankers see them as a way to easily reduce high debt
  • This vicious cycle will likely continue; rates could go even lower
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Professor Elisabeth Krecké
So far, savers have grudgingly accepted the losses imposed on them
read more about it in the report
What's inside
  • For a decade, monetary policy has punished savers
  • Low interest rates help support irresponsible fiscal policy
  • Central bankers see them as a way to easily reduce high debt
  • This vicious cycle will likely continue; rates could go even lower
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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