Which should begin to lower the long-term rate of interest.
All will help to keep both short- and long-term interest rates low for the next 12 to 18 months, he said.
In other words, long-term interest rates were already beginning to fall.
But even if long-term interest rates are low, they can still go lower.
Such a move could also help to lower long-term rates.
As a result, real long-term interest rates became very high.
For the moment, however, an increase in long-term rates seems far away.
May I suggest a reason for the low long-term rates?
And in the end, he said, that will be enough to pull long-term interest rates lower.
And they are not looking for a significant drop in long-term interest rates.