The Millennial generation has not carried out personal-financial transactions in what was historically considered a normal interest-rate economic environment. How are near-zero interest rates affecting their financial decisions, and how will their decisions impact the economy and monetary policy of the future?
Market Conditions, and What They Mean for Deposits Managers (Growing deposit books in a stagnant interest-rate environment)
A stagnant interest-rate environment is not the time for drastic measures in raising rates or expanding market share, but it is the perfect time to successfully prepare for future market conditions.
Following its mid-December meeting, the Federal Reserve increased its benchmark interest rate by 25 basis points, marking the first time the US central bank has increased rates since June 2006.