Typical U.S. retail investors say low interest rates help borrowers more than they hurt savers.
Working-age investors are more likely to say low rates have helped them personally than hurt them.
Retired investors are more likely to say low rates have hurt them personally than helped, but a majority say low rates have not seemed to have much of an effect on their finances.
Lydia Saad, an analyst at Gallup, has published data supporting those conclusions in a summary of results from a recent Gallup survey of 1,006 U.S. adults with $10,000 or more in investable assets. Wells Fargo & Company (NYSE:WFC) commissioned the survey as the Federal Reserve Board’s Open Market Committee was deciding whether to start raising the interest rates it uses to influence other lenders’ rates.
The Fed committee ended up deciding today to leave rates unchanged.