Low rates mean more babies

On average for the UK, a one-percentage-point decline in the policy rate increases birth rates by 2 per cent," they said in a paper published on Friday.In contrast with Britain, the birth rate in the US fell during the period studied by the researchers, something they linked to the prevalence of fixed-rate mortgages in the country and the impact of property price declines."Our descriptive comparisons with the US suggest that if more families had been able to obtain a lower interest rate, the US might not have experienced as severe of a 'baby bust' in the Great Recession," they said. Reuters DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttps://ask.fm/guessyleague

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