Hilary Clinton is recognized as the great politician of America. She is the first female senator of America. She served the country as the 67th United States Secretary from 2009 - 2013. During that time she put attention toward Arab Spring and advice U.S. military intervention in Libya. She even knew as the first lady of America when her husband Bill Clinton was the President of America from 1993 to 2001. Till date she was always found in headlines her active performance in political, economical and culture impress the people of America. Her duty towards country is really admirable. The news on Hilary Clinton becomes quite popular when she nominates her name for president and stand against Obama in 2016 election. She by her good effort and genuine concern for her country build good reputation in the administration level.
Low interest rate leads to higher aggregate demand and economic growth. It gives smaller return from the saving. It creates reduction to save the incentive. It also gives scope of cheaper borrowing costs. As a result the consumer and firms gets an opportunity to get loans in order to finance their spending and investment.
The fall in interest rate attract people to buy assets like house. If you look to other side you will come to know that how common people are benefited due to reduction in interest rate. It creates a platform to reduce the monthly cost of mortgage repayments. Overall, lower interest rate will increase aggregate demand.
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