Interest Rates
* How does lowering interest rates help the economy? When interest rates come down, home prices shoot up. Houses don’t sell, the market remains flat.
What about all of us retired senior citizens who have saved all of our lives, hoping to live on the interest from our bank savings, but now with interest rates at an all-time low our buying power is rock bottom, too! We don’t help the economy when we can’t buy.
VIRGINIA BLOCH
Moreno Valley
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
