Many could see their income they earn on their savings drop by more than half if they are currently locked into short-term savings deals that offer high rates of return, experts warned. Full Story »
Posted by Michael Bugeja
not in depth (ex. no comparisons of savings versus investments and losses pertaining to each for the same groups or risks of inflation) but many important facts about the effect of cutting interest rates so deeply.. what's impressive is that the newspaper itself led the research about this. altho it's u.k. info, the same factors effect the same groups of people in the u.s. with little impact so far in our media.
