Those with Careers in Finance Will Continue to Offer Low Interest Rates


24 February 2010
 False
Individuals with careers in finance took a hit with the economic recession. As the American market tries to find its footing again, some financial analysts are looking for ways to keep consumers happy and help the banks stabilize.

One of the ways to accommodate customers is by keeping interest rates on loans low, according to The New York Times. Federal Reserve chairman, Ben Bernanke, recently said in a statement to Congress that although he still believes that the economy will continue to stay at a lull for a couple of months, interest rates will continue to stay low.

Bernanke believes that this will take place until the market is ready to begin getting back on its feet and people can afford to pay higher interest. In the meantime, individuals with careers in finance must keep their interest rates in check to ensure that customers stay satisfied.

"As the impetus provided by the inventory cycle is temporary, and as the fiscal support for economic growth likely will diminish later this year, a sustained recovery will depend on continued growth in private-sector final demand for goods and services," Bernanke said.

According to the Bureau of Labor Statistics, careers in finance are expected to increase 8% by 2018.ADNFCR-1502-ID-19635739-ADNFCR

Related Articles
Individuals with Careers in Finance Pushing Back Their Retirement Age
CFOs Believe There is Still Hope for Careers in Business
Those Interested in a Career in Finance Should Have Some Education in the Field
Different Job Opportunities May Come with a Career in Finance
Survey: Those Looking for a Career in Finance Willing to Take Pay Cut
 

MEMBERSHIP AND ACCREDITATION

A Member of Professional Association of Resume Writers and Career Coaches
Member Of international Association of Employment Web Sites
North America LiveCareer, Inc., Resume Service, San Francisco, CA




Search Articles: