Mostly commodities traders... stock holders... politicians because they can spend more without raising taxes....exporters
OK. If it's benefiting some...Who are the ones that are being harmed?
Well it comes out of everyone who measures their financial value in dollar-based assets. Over the last three months the dollar value has dropped about 9% - gas and food prices keep in step and follow that trend in the exact opposite direction.
The main goal of low interest rates is to keep businesses investing (borrowing) with the hopes that it will create jobs and increase consumer spending.
So, its good for borrowers, bad for savers (unless the savers move into commodities/equities). Of course the problem is, the Fed will save some companies and not others so how do you know who to invest in if the government-entities decide who profits and who liquidates?
>> OK. If it’s benefiting some...Who are the ones that are being harmed?
Believe it or not, some people actually SAVE money.
They are being squeezed by low interest rates.
The inflation that lower rates are bringing is a double whammy.