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Why are interest rates so low in countries like USA, UK?

Asked by imrainmaker (8380points) April 2nd, 2016

They are so low that if anyone wants to earn money by keeping their money in the bank account there won’t be much gain for the investor. Government should encourage people to save more by increasing these rates so that more people will tend to save money.I know it can’t be compared with what stock exchange can return but will be always safer compared to equities. What do you guys think?

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