How is the current interest rate environment impacting the financial services industry?
Coronavirus (COVID-19): Current Interest Rate Environment
Lisa Rabuse 3/26/2020
Summary
On March 15, 2020 the Federal Reserve dropped interest rates to 0; the last time they were at this rate was in 2008.
- How does the current rate environment affect the financial services industry?
- What does the industry expect will happen over the next 10 years?
- What are their biggest concerns?
- What actions are being considered to mitigate the current rate environment?