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by gutnor
4051 days ago
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Low interest rate are good thing for normal people. Normal people do not make significant amount of money from the interest of their savings, at least not enough to offset the cost of the money they need to borrow for their mortgage, car/student/credit car loans, ... The only problem that may have caused in the UK is making the ISA account look less attractive, which could impact the rate people save. (the money you put on your ISA is 'locked away', which mean you are less likely to spend it) |
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