Expert predicts interest rates could drop to zero
Interest rates could fall to zero in the next few months, a Defaqto economist has predicted.br/br/Michael Baxter said there is amp;quot;a reasonable possibilityamp;quot; they could reach zero in a number of places around the world including Japan, the US and even the UK.br/br/US interest rates are currently at one per cent and Federal Reserve chairman Ben Bernanke has already hinted at a further drop, so Mr Baxter thinks the UK is likely to follow suit eventually.br/br/He said: amp;quot;We seem
