CU Economist Says Rising COVID Concerns Pushing Down Interest Rates

Steven Rick of CUNA Mutual Group says lower rates are also lowering interest margins.

By Jim DuPlessis | July 27, 2021 at 04:32 PM

The coronavirus floating on top of downward economic charts.

CUNA Mutual Group's latest report said lower interest rates are being driven by the market's expectations that Americans will take longer to reach herd immunity from COVID-19 than previously expected.

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CU Economist Says Rising COVID Concerns Pushing Down Interest Rates

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Jim DuPlessis

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