Journal Article

Are low interest rates good for consumers?

Abstract: Although banks' cost of funds has dropped dramatically with the federal funds rate target, households' cost of funds has remained high, especially if we look at their cost of borrowing relative to their rate of return on saving.

Keywords: Consumers' preferences; Interest rates;

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2010

Order Number: 3