Chris Dillow 

The low-rate danger

Chris Dillow

Chris Dillow
The low-rate danger

The recent decision by National Savings and Investments to cut interest rates on its products reminds us of a depressing fact – that savers face the prospect of negligible returns on safe assets, and losses once we take account of inflation. This does not, however, mean we should ditch cash and buy equities in the hope of higher returns.

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