The US base rate currently stands at 0.75% which compares favourably to the UK base rate of 0.25% and the Canadian rate at 0.5%. Even though analysts believe that the US base rate will increase during 2017 when will they ever return to “normal levels”. When you bear in mind we are now approaching a decade since the US mortgage crisis led to the worldwide slump, have we now got too used to the low base rate environment? Read full article
