Low interest rates that have persisted since the financial crisis of 2008-09 have been a net benefit to

Question

Quizplus · Accepted Answer

Low interest rates have been beneficial for banks because it has encouraged lending, which generates profits for banks. Banks have been able to refinance their existing debt at lower rates, and borrow at lower rates to provide loans to businesses and individuals. This has helped to stimulate economic growth and improved the profitability of banks.

Low Interest Rates That Have Persisted Since the Financial Crisis