Quote:
Originally Posted by Flames in 07
This may have been discussed, but what happens to interest rates here in the short and medium term? I gather they go down in the very short term, but I don't understand what happens after that? Does it stay depressed because central banks try to promote activity? Or does it shoot up because the US starts printing $$$?
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In the short term rates will be coming down (by all indications). The medium term is hard to predict at this point (and kind of depends on your definition of medium term).
Over the long term though, rates increase without question. We are historical lows here...so there is really only one way to go over the longer term.